A significant driver of top-line growth: Nano Labs Ltd (NA)

With 1.49 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.26 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $1.01 whereas the lowest price it dropped to was $0.7834. The 52-week range on NA shows that it touched its highest point at $4.75 and its lowest point at $0.27 during that stretch. Beta for the stock currently stands at 2.85.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NA was up-trending over the past week, with a rise of 182.21%, but this was up by 201.78% over a month. Three-month performance surged to 131.22% while six-month performance fell -39.95%. The stock lost -32.51% in the past year, while it has lost -48.55% so far this year.

Float and Shares Shorts:

At present, 41.93 million NA shares are outstanding with a float of 9.52 million shares on hand for trading. On 2024-09-13, short shares totaled 41883.0, which was 13.0 higher than short shares on 1723680000. In addition to Mr. Jianping Kong as the firm’s Chairman & CEO, Mr. Bing Chen serves as its CFO & Senior VP.

Institutional Ownership:

Through their ownership of 0.00442 of NA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. Over the past year, revenue came in at $396.76M while operating income stood at -$36.94M. EBITDA for the full year was -$33.60M.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.