The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -1.59%.However, over the last six months, we can see a weaker performance of 70.02%. Over the last 30 days, the price of NNE has leaped by -14.40%. And in the last five days, it has fallen by -16.47%.
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 -49.01% away from its 52-week high, while its distance from the 52-week low is 653.85%. 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 2.12 million for the day, a figure considerably lower than their average daily volume of 4.74 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nano Nuclear Energy Inc (NNE) has experienced a quarterly decline of -1.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 908.28M 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 28.39, with a change in price of +6.61. Similarly, Nano Nuclear Energy Inc recorded 4,678,396 in trading volume during the last 100 days, posting a change of +36.95%.
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 0.01. 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 1.96%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 2.22%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 14.12% and 22.36%, respectively.
