In terms of market performance, Nano Nuclear Energy Inc had a somewhat regular. The highest value for the stock in the past year was $48.05 on 01/24/25, while the lowest value was $6.30 on 08/13/24.
52-week price history of NNE Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Nano Nuclear Energy Inc’s current trading price is -24.56% away from its 52-week high, while its distance from the 52-week low is 475.21%. The stock’s price range during this period has fluctuated between $6.30 and $48.05. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 4.22 million for the day, which was evidently higher than the average daily volume of 2.72 million over the last three months.
Financial Performance and Market Capitalization
Nano Nuclear Energy Inc (NNE) has experienced a quarterly rise of 18.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.50B and boasts a workforce of 5 employees.
Moving average and trading volume data
NNE Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NNE stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.02.
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. Year to date metric has recorded a gain of 45.61%.However, over the last six months, we can see a weaker performance of 50.41%. Over the last 30 days, the price of NNE has fallen by 39.05%. And in the last five days, it has surged by 16.37%.
