The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 331.41%. However, over the past six months, we’ve seen a weaker performance of 586.81%. The price of NNE fallen by 27.29% over the last 30 days. And in the last five days, it has surged by 25.15%.
52-week price history of NNE Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Nano Nuclear Energy Inc’s current trading price is -40.31% away from its 52-week high, while its distance from the 52-week low is 588.92%. The stock’s price range over this timeframe has been between $3.25 and $37.51. The shares of the Industrials sector company recorded a trading volume of approximately 4.55 million for the day, which was comparatively higher than the average daily volume of 4.01 million over the last three months.
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The Connection Between Financial Performance and Market Capitalization
Nano Nuclear Energy Inc (NNE) has experienced a quarterly rise of 181.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 674.61M.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.18, with a change in price of +6.88. Similarly, Nano Nuclear Energy Inc recorded 3,635,804 in trading volume during the last 100 days, posting a change of +43.72%.
NNE’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for NNE stands at 0.15. Similarly, the long-term debt-to-equity ratio is also 0.12.
NNE Stock Stochastic Average
Nano Nuclear Energy Inc’s raw stochastic average for the past 50 days is currently at 75.60%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 56.97%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 56.17% and 52.77%, respectively.