Nano Nuclear Energy Inc (NASDAQ:NNE) Is 88.2% Above Its 52-Week Low, But Will It Continue To Rise?

Nano Nuclear Energy Inc (NASDAQ:NNE)’s traded shares stood at 4.03 million during the last session. At the close of trading, the stock’s price was $27.55, to imply a decrease of -7.05% or -$2.09 in intraday trading. The NNE share’s 52-week high remains $48.05, putting it -74.41% down since that peak but still an impressive 88.2% since price per share fell to its 52-week low of $3.25.

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 -7.05% 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 -10.06%, and -20.81% over 30 days. With these gigs, the year-to-date price performance is 10.66%.

The extremes give us $50 and $50 for target low and target high price respectively. As such, NNE has been trading -81.49% off suggested target high and -81.49% from its likely low.

Revenue forecast for the current quarter as set by 1 analysts is 420k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 630k.

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 VanEck ETF Trust-VanEck Uranium+Nuclear Energy ETF and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Nano Nuclear Energy Inc (NNE) shares. Going by data provided on Dec 31, 2024 , VanEck ETF Trust-VanEck Uranium+Nuclear Energy ETF holds roughly 454.35 shares. This is just over 1.23% of the total shares, with a market valuation of $12.52 million. Data from the same date shows that the other fund manager holds a little less at 117.63, or 0.32% of the shares, all valued at about 3.24 million.