Nano Nuclear Energy Inc (NASDAQ:NNE) currently has a daily average trading volume of 5.16M but it saw 3427366 shares traded in last market. With a market cap of 948.75M USD, the company’s current market price of $28.58 came rising about 4.92 while comparing to the previous closing price of $27.24. 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 $26.28 while lowest mark touched by it was $29.4.
Taking a look at 20-day trading activity of Nano Nuclear Energy Inc (NNE) gives us an average price of $25.78, while its current price level is -23.81% below from 52-week high level whereas it is 779.38% 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 $23.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.51% during that period while stretching the period over a month that decreases to 12.27%. 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 59.78 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the H.C. Wainwright which initiated the stock as “Buy” in its note to investors issued on October 30, 2024, recommending a price target of $50 for it.
Over the week, NNE’s stock price is moving 11.65% up while it is -14.43% when we observe its performance for the past one month. Year-to-date it is 453.95% up and over the past year.
Currently, Nano Nuclear Energy Inc’s total number of outstanding shares is 29.00M. Stock has a price to book (P/B) ratio of 64.13.
