During the last session, Nano Nuclear Energy Inc (NASDAQ:NNE)’s traded shares were 1.82 million. At the end of the trading day, the stock’s price was $29.33, reflecting an intraday loss of -7.27% or -$2.3. The 52-week high for the NNE share is $48.05, that puts it down -63.83 from that peak though still a striking 88.92% gain since the share price plummeted to a 52-week low of $3.25. The company’s market capitalization is $1.09B, and the average intraday trading volume over the past 10 days was 2.23 million shares, and the average trade volume was 4.88 million shares over the past three months.
Nano Nuclear Energy Inc (NNE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. NNE has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Nano Nuclear Energy Inc (NASDAQ:NNE) trade information
Nano Nuclear Energy Inc (NNE) registered a -7.27% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.27% in intraday trading to $29.33, hitting a weekly high. The stock’s 5-day price performance is -6.17%, and it has moved by 15.02% in 30 days. The short interest in Nano Nuclear Energy Inc (NASDAQ:NNE) is 4.54 million shares and it means that shorts have 1.55 day(s) to cover.
The consensus price target of analysts on Wall Street is $50, which implies an increase of 41.34% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $50 and $50 respectively. As a result, NNE is trading at a discount of -70.47% off the target high and -70.47% off the low.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 420k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 630k by the end of current fiscal year.
While earnings are projected to return -52.56% in 2025, the next five years will return -16.71% per annum.
NNE Dividends
Nano Nuclear Energy Inc is due to release its next quarterly earnings on 2025-Feb-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Nano Nuclear Energy Inc (NASDAQ:NNE)’s Major holders
Nano Nuclear Energy Inc insiders own 34.97% of total outstanding shares while institutional holders control 21.07%, with the float percentage being 32.41%. CITIZENS FINANCIAL GROUP INC/RI is the largest shareholder of the company, while 150.0 institutions own stock in it. As of 2024-06-30, the company held over 86000.0 shares (or 0.3132% of all shares), a total value of $2.02 million in shares.
The next largest institutional holding, with 39461.0 shares, is of SCHONFELD STRATEGIC ADVISORS LLC’s that is approximately 0.1437% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.92 million.
Also, the Mutual Funds coming in first place with the largest holdings of Nano Nuclear Energy Inc (NNE) shares are VanEck Uranium and Nuclear ETF and Vanguard Total Stock Market Index Fund . Data provided on Feb 28, 2025 indicates that VanEck Uranium and Nuclear ETF owns about 711.28 shares. This amounts to just over 1.92 percent of the company’s overall shares, with a $20.86 million market value. The same data shows that the other fund manager holds slightly less at 635.4, or about 1.71% of the stock, which is worth about $18.64 million.
