In the latest trading session, 2.78 million Nano Nuclear Energy Inc (NASDAQ:NNE) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $21.25 changed hands at -$4.41 or -17.19% at last look, the market valuation stands at $777.68M. NNE’s current price is a discount, trading about -76.52% off its 52-week high of $37.51. The share price had its 52-week low at $3.25, which suggests the last value was 84.71% up since then. When we look at Nano Nuclear Energy Inc’s average trading volume, we note the 10-day average is 3.88 million shares, with the 3-month average coming to 5.15 million.
Analysts gave the Nano Nuclear Energy Inc (NNE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NNE as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Nano Nuclear Energy Inc’s EPS for the current quarter is expected to be 0.
Nano Nuclear Energy Inc (NASDAQ:NNE) trade information
Instantly NNE was in red as seen in intraday trades today. With action -21.33%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -14.64%, with the 5-day performance at -21.33% in the red. However, in the 30-day time frame, Nano Nuclear Energy Inc (NASDAQ:NNE) is -8.99% down. Looking at the short shares, we see there were 3.71 million shares sold at short interest cover period of 0.72 days.
The consensus price target for the stock as assigned by Wall Street analysts is 50, meaning bulls need an upside of 57.5% from its recent market value. According to analyst projections, NNE’s forecast low is 50 with 50 as the target high. To hit the forecast high, the stock’s price needs a -135.29% plunge from its current level, while the stock would need to soar -135.29% for it to hit the projected low.
Nano Nuclear Energy Inc (NNE) estimates and forecasts
Data shows that the Nano Nuclear Energy Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -15.00% over the past 6 months, a -135.90% in annual growth rate that is considerably lower than the industry average of -3.90%.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 300k. 1 analysts are of the opinion that Nano Nuclear Energy Inc’s revenue for the current quarter will be 420k.
The 2025 estimates are for Nano Nuclear Energy Inc earnings to decrease by -100.00%.
NNE Dividends
Nano Nuclear Energy Inc is expected to release its next quarterly earnings report in February.
Nano Nuclear Energy Inc (NASDAQ:NNE)’s Major holders
Among Mutual Funds, the top two as of Oct 31, 2024 were iShares Russell 2000 ETF and Fidelity Small Cap Index Fund. With 108.67 shares estimated at $2.23 million under it, the former controlled 0.30% of total outstanding shares. On the other hand, Fidelity Small Cap Index Fund held about 0.11% of the shares, roughly 40.88 shares worth around $0.84 million.
