Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Nano Nuclear Energy Inc’s current trading price is -29.22% away from its 52-week high, while its distance from the 52-week low is 946.46%. The stock’s price range over this period has fluctuated between $3.25 and $48.05. The company, operating within the financial sector, had a trading volume of approximately 7.7 million for the day, which was noticeably higher than the average daily share volume of 5.24 million over the last 3 months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nano Nuclear Energy Inc (NNE) has experienced a quarterly rise of 71.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.25B and boasts a workforce of 5 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.54, with a change in price of +24.74. Similarly, Nano Nuclear Energy Inc recorded 5,006,240 in trading volume during the last 100 days, posting a change of +244.44%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NNE stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.05.
NNE Stock Stochastic Average
Today, Nano Nuclear Energy Inc’s raw stochastic average for the past 50 days stands at 54.26%, indicating a rise from the raw stochastic average of the last 20 days, which was 54.26%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 76.05% and 85.50% respectively.
NNE Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 36.61% this year. Over the last six months, there has been a weaker performance of 147.89%. The price of NNE fallen by 24.85% during the last 30 days period. For the last 5-days stocks have improved 37.64%.
