Nano Nuclear Energy Inc (NASDAQ:NNE)’s traded shares stood at 10.61 million during the last session. At the close of trading, the stock’s price was $35.36, to imply a decrease of -4.61% or -$1.71 in intraday trading. The NNE share’s 52-week high remains $48.05, putting it -35.89% down since that peak but still an impressive 90.81% since price per share fell to its 52-week low of $3.25. The company has a valuation of $1.30B, with an average of 10.04 million shares in intraday trading volume over the past 10 days and average of 5.57 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 -4.61% downside 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 -3.23%, and 30.91% over 30 days. With these gigs, the year-to-date price performance is 42.04%. Short interest in Nano Nuclear Energy Inc (NASDAQ:NNE) saw shorts transact 3.71 million shares and set a 0.72 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 -41.4% off suggested target high and -41.4% from its likely low.
Nano Nuclear Energy Inc (NNE) estimates and forecasts
Looking at statistics comparing Nano Nuclear Energy Inc share performance against respective industry, we note that the company has underperformed competitors. Nano Nuclear Energy Inc (NNE) shares are 348.73% up over the last 6 months, with its year-to-date growth rate lower than industry average at -135.90% against -3.90%.
Revenue forecast for the current quarter as set by 1 analysts is 300k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 420k.
NNE Dividends
Nano Nuclear Energy Inc has its next earnings report out in March. 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.
We also have iShares Russell 2000 ETF and Fidelity Small Cap Index Fund as the top two Mutual Funds with the largest holdings of the Nano Nuclear Energy Inc (NNE) shares. Going by data provided on Nov 30, 2024 , iShares Russell 2000 ETF holds roughly 117.63 shares. This is just over 0.32% of the total shares, with a market valuation of $4.16 million. Data from the same date shows that the other fund manager holds a little less at 40.88, or 0.11% of the shares, all valued at about 1.45 million.
