Nano Nuclear Energy Inc. (NASDAQ: NNE) Now -50.07% Off Its High ($37.51), Does Analysts See Headwinds And Risks?

Nano Nuclear Energy Inc. (NASDAQ:NNE) currently has a daily average trading volume of 2.67M but it saw 7955226 shares traded in last market. With a market cap of 564.33M USD, the company’s current market price of $18.73 came falling about -12.68 while comparing to the previous closing price of $21.45. 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 $17.65 while lowest mark touched by it was $19.94.

Taking a look at 20-day trading activity of Nano Nuclear Energy Inc. (NNE) gives us an average price of $16.47, while its current price level is -50.07% below from 52-week high level whereas it is 476.31% 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 $12.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.52% during that period while stretching the period over a month that decreases to 18.18%. 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 57.37 which implies that the stock is in neutral territory.

Over the week, NNE’s stock price is moving 5.88% up while it is 70.89% when we observe its performance for the past one month. Year-to-date it is 260.89% 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 41.78.