The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Nano Nuclear Energy Inc’s current trading price is -45.52% away from its 52-week high, while its distance from the 52-week low is 705.54%. The stock’s price range for this period has been between $3.25 and $48.05 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 0.66 million for the day, a number notably lower than the average daily volume of 5.28 million over the last three months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nano Nuclear Energy Inc (NNE) has experienced a quarterly decline of -1.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 970.57M 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 26.77, with a change in price of +8.25. Similarly, Nano Nuclear Energy Inc recorded 5,447,710 in trading volume during the last 100 days, posting a change of +46.64%.
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 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
NNE Stock Stochastic Average
As of today, Nano Nuclear Energy Inc’s raw stochastic average for the last 50 days stands at 23.34%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 13.87%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 21.36% and 24.05%, respectively.
NNE Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 5.16% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 212.04%. Over the past 30 days, the price of NNE has leaped by -25.96%. And in the last five days, it has fallen by -9.07%.
