Nano Nuclear Energy Inc (NNE)’s stock has witnessed a price hike of 12.10% from the previous close with its current price standing at $27.70. Its current price is -26.15% under its 52-week high of $37.51 and 752.31% more than its 52-week low of $3.25. Based on the past 30-day period, the stock price is -18.16% below the high and +42.30% above the low.
NNE’s price to book ratio for the most recent quarter was 26.92, resulting in an 35.61 price to cash per share for the period.
How does Nano Nuclear Energy Inc (NNE) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 2 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 5.00 in simple terms.
Nano Nuclear Energy Inc (NASDAQ: NNE) Ownership Details
I will give a breakdown of the key shareholders in Nano Nuclear Energy Inc (NNE). Recent figures show that the company’s insiders hold 38.91% of shares. A total of 62 institutional investors hold shares in the company, making 4.76% of its stock and 7.78% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Citizens Financial Group Inc/RI holding total of 729.0 shares that make 1.99% of the company’s total number of shares and are currently priced at 20.79 million.
The securities firm Blackrock Inc. holds 222.43 shares of NNE, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.61%, and the holding percentage of shares is valued at 6.34 million.
An overview of Nano Nuclear Energy Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Nano Nuclear Energy Inc (NNE) traded 3,988,147 shares per day, with a moving average of $25.84 and price change of +3.60. With the moving average of $25.25 and a price change of +9.44, about 4,573,815 shares changed hands on average over the past 50 days. Finally, NNE’s 100-day average volume is 4,469,637 shares, alongside a moving average of $20.32 and a price change of +16.10.
