A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 53.04% this year. Over the last six months, there has been a weaker performance of 286.41%. The price of NNE fallen by 53.04% during the last 30 days period. For the last 5-days stocks have improved 14.55%.
52-week price history of NNE Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Nano Nuclear Energy Inc’s current trading price is -20.71% away from its 52-week high, while its distance from the 52-week low is 1072.31%. The stock’s price range during this period has varied between$3.25 and $48.05. The Nano Nuclear Energy Inc’s shares, which operate in the Industrials, saw a trading volume of around 7.4 million for the day, a figure considerably higher than their average daily volume of 5.47 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nano Nuclear Energy Inc (NNE) has experienced a quarterly rise of 87.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.40B and boasts a workforce of 5 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.02, with a change in price of +30.70. Similarly, Nano Nuclear Energy Inc recorded 5,401,540 in trading volume during the last 100 days, posting a change of +414.86%.
NNE’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
As of today, Nano Nuclear Energy Inc’s raw stochastic average for the last 50 days stands at 65.50%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 65.50%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 68.31% and 65.63%, respectively.
