In last trading session, Nano Nuclear Energy Inc (NASDAQ:NNE) saw 1.67 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $28.32 trading at $0.54 or 1.94% at ring of the bell on the day assigns it a market valuation of $1.05B. That closing price of NNE’s stock is at a discount of -69.67% from its 52-week high price of $48.05 and is indicating a premium of 88.52% from its 52-week low price of $3.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.33 million shares which gives us an average trading volume of 5.15 million if we extend that period to 3-months.
For Nano Nuclear Energy Inc (NNE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Nano Nuclear Energy Inc (NASDAQ:NNE) trade information
Upright in the green during last session for gaining 1.94%, in the last five days NNE remained trading in the green while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $28.32 price level, adding 5.03% to its value on the day. Nano Nuclear Energy Inc’s shares saw a change of 13.76% in year-to-date performance and have moved 5.01% in past 5-day. Nano Nuclear Energy Inc (NASDAQ:NNE) showed a performance of -12.05% in past 30-days. Number of shares sold short was 4.52 million shares which calculate 0.81 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 50 to the stock, which implies a rise of 43.36% to its current value. Analysts have been projecting 50 as a low price target for the stock while placing it at a high target of 50. It follows that stock’s current price would drop -76.55% in reaching the projected high whereas dropping to the targeted low would mean a loss of -76.55% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around -52.56% while estimates for its earnings growth in next 5 years are of -16.71%.
Nano Nuclear Energy Inc (NASDAQ:NNE)’s Major holders
Insiders are in possession of 34.97% of company’s total shares while institution are holding 21.00 percent of that, with stock having share float percentage of 32.30%. Investors also watch the number of corporate investors in a company very closely, which is 21.00% institutions for Nano Nuclear Energy Inc that are currently holding shares of the company. CITIZENS FINANCIAL GROUP INC/RI is the top institutional holder at NNE for having 86000.0 shares of worth $2.02 million. And as of 2024-06-30, it was holding 0.3132 of the company’s outstanding shares.
The second largest institutional holder is SCHONFELD STRATEGIC ADVISORS LLC, which was holding about 39461.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.1437 of outstanding shares, having a total worth of $0.92 million.
On the other hand, Vanguard Total Stock Market Index Fund and VanEck ETF Trust-VanEck Uranium+Nuclear Energy ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 635.4 shares of worth $17.99 million or 1.71% of the total outstanding shares. The later fund manager was in possession of 454.35 shares on Dec 31, 2024 , making its stake of worth around $12.87 million in the company or a holder of 1.23% of company’s stock.
