Nano Nuclear Energy Inc (NNE) stock is currently valued at $34.1. During the last session, the stock experienced a remarkable rise, reaching $50.0 after opening at $34.1. The stock briefly dropped to $45.0 before ultimately closing at $37.62.
In terms of market performance, Nano Nuclear Energy Inc had a fairly even.
52-week price history of NNE Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Nano Nuclear Energy Inc’s current trading price is -29.03% away from its 52-week high, while its distance from the 52-week low is 441.10%. The stock’s price range during the 52-week period has remained between $6.30 and $48.05. In the Industrials sector, the company’s shares saw a trading volume of around 4.23 million for the day, which was evidently higher than the average daily volume of 3.42 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Nano Nuclear Energy Inc (NNE) has experienced a quarterly rise of 71.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.41B and boasts a workforce of 5 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 28.89, with a change in price of +8.60. Similarly, Nano Nuclear Energy Inc recorded 2,941,765 in trading volume during the last 100 days, posting a change of +33.73%.
Examining NNE’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 Stochastic Average
Nano Nuclear Energy Inc’s raw stochastic average for the past 50 days is presently 65.73%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 31.47%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 58.14% and 62.12%, 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. Until today this year the stock’s price performance recorded an increase of 50.35%. However, over the last six months, the performance has been weaker by 45.66%. The price of NNE decreased -10.19% over the last 30 days. And in the last five days, it has fallen by -5.28%.
