What Is So Great About Nano Nuclear Energy Inc (NNE)?

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Nano Nuclear Energy Inc (NASDAQ:NNE) has seen 2.55 million shares traded in the recent trading session. The company, currently valued at $1.24B, closed the recent trade at $30.11 per share which meant it gained $3.1 on the day or 11.48% during that session. The NNE stock price is -24.58% off its 52-week high price of $37.51 and 89.21% above the 52-week low of $3.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.42 million shares traded. The 3-month trading volume is 4.99 million shares.

The consensus among analysts is that Nano Nuclear Energy Inc (NNE) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.

Nano Nuclear Energy Inc (NASDAQ:NNE) trade information

Sporting 11.48% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NNE stock price touched $30.11 or saw a fall of -2.0%. Year-to-date, Nano Nuclear Energy Inc shares have moved 20.95%, while the 5-day performance has seen it change 11.85%. Over the past 30 days, the shares of Nano Nuclear Energy Inc (NASDAQ:NNE) have changed 13.62%. Short interest in the company has seen 3.71 million shares shorted with days to cover at 0.72.

Wall Street analysts have a consensus price target for the stock at $50, which means that the shares’ value could jump 39.78% from the levels at last check today. The projected low price target is $50.0 while the price target rests at a high of $50.0. In that case, then, we find that the latest price level in today’s session is -66.06% off the targeted high while a plunge would see the stock gain -66.06% from the levels at last check today.

Nano Nuclear Energy Inc (NNE) estimates and forecasts

Figures show that Nano Nuclear Energy Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 1.04% over the past 6 months, with this year growth rate of -135.90%, compared to -3.90% for the industry. Revenue growth from the last financial year stood is estimated to be 0.00%.

1 analysts offering their estimates for the company have set an average revenue estimate of 300k for the current quarter. 1 have an estimated revenue figure of 420k for the next ending quarter.

NNE Dividends

Nano Nuclear Energy Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.