Nano Nuclear Energy Inc. (NASDAQ: NNE) Now $3.25 Higher From Its Low (8.45), Does It Still Have A Growth Story?

Nano Nuclear Energy Inc. (NASDAQ:NNE) currently has a daily average trading volume of 2.41M but it saw 4203583 shares traded in last market. With a market cap of 352.52M USD, the company’s current market price of $11.70 came rising about 7.83 while comparing to the previous closing price of $10.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.51 and as low as $3.25. In the recent trading on the day, stock has struck highest price mark of $10.97 while lowest mark touched by it was $13.45.

Taking a look at 20-day trading activity of Nano Nuclear Energy Inc. (NNE) gives us an average price of $9.69, while its current price level is -68.81% below from 52-week high level whereas it is 260.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.04% during that period while stretching the period over a month that decreases to 20.94%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.66 which implies that the stock is in neutral territory.

Over the week, NNE’s stock price is moving 60.27% up while it is 75.94% when we observe its performance for the past one month. Year-to-date it is 125.43% up and over the past year.

Currently, Nano Nuclear Energy Inc.’s total number of outstanding shares is 28.57M. Stock has a price to book (P/B) ratio of 26.10.