Nano Labs Ltd (NASDAQ:NA) does about 95.83K shares in volume on a normal day but saw 2007697 shares change hands in the recent trading day. The company now has a market cap of 84.91M USD. Its current market price is $8.26, marking an increase of 89.02% compared to the previous close of $4.37. The 52 week high reached by this stock is $47.50 whilst the lowest price level in 52 weeks is $2.75.
Nano Labs Ltd (NA) has a 20-day trading average at $5.03 and the current price is -82.61% off the 52-week high compared with 200.47% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.88 and its 200-day simple moving average is $7.53. If we look at the stock’s price movements over the week, volatility stands at 32.90%, which increases to 33.32% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.23 to suggest the stock is neutral.
The current price level is 64.19%, 40.46%, and 9.64% away from its SMA20, SMA50, and SMA200 respectively, with the NA price moving below the 50-day SMA on current market day. Nano Labs Ltd (NA) stock is up 86.88% over the week and 31.13% over the past month. Its price is -54.37% year-to-date and -43.03% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 41.93M with insiders holding 77.68% of the shares and institutional holders owning 0.04% of the company’s common stock. The beta has a value of 2.73.
