Nano Nuclear Energy Inc (NASDAQ: NNE) Is Up 11.65% Over The Last Week, But Will It Continue To Climb?

Nano Nuclear Energy Inc (NASDAQ:NNE)’s traded shares stood at 3.43 million during the last session. At the close of trading, the stock’s price was $28.58, to imply an increase of 4.92% or $1.34 in intraday trading. The NNE share’s 52-week high remains $37.51, putting it -31.25% down since that peak but still an impressive 88.63% since price per share fell to its 52-week low of $3.25. The company has a valuation of $948.75M, with an average of 3.93 million shares in intraday trading volume over the past 10 days and average of 5.16 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Nano Nuclear Energy Inc (NNE), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give NNE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

Nano Nuclear Energy Inc (NASDAQ:NNE) trade information

After registering a 4.92% upside in the last session, Nano Nuclear Energy Inc (NNE) has traded red over the past five days. The 5-day price performance for the stock is 11.65%, and -14.43% over 30 days. With these gigs, the year-to-date price performance is 453.95%. Short interest in Nano Nuclear Energy Inc (NASDAQ:NNE) saw shorts transact 2.95 million shares and set a 0.56 days time to cover.

The extremes give us $50 and $50 for target low and target high price respectively. As such, NNE has been trading -74.95% off suggested target high and -74.95% from its likely low.

Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 300k.

NNE Dividends

Nano Nuclear Energy Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.