The growth track for Nano Nuclear Energy Inc. (NNE) has changed recently

With 5.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.52 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $17.0 whereas the lowest price it dropped to was $13.61. The 52-week range on NNE shows that it touched its highest point at $37.51 and its lowest point at $3.25 during that stretch. It currently has a 1-year price target of $39.00.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 NNE was up-trending over the past week, with a rise of 20.03%, but this was up by 63.44% over a month.

Float and Shares Shorts:

At present, 28.57 million NNE shares are outstanding with a float of 17.16 million shares on hand for trading. On 2024-09-13, short shares totaled 0.66 million, which was 218.00000000000003 higher than short shares on 1723680000. In addition to Mr. Jiang Yu as the firm’s Founder, Executive Chairman, President, Secretary & Treasurer, Mr. James Walker B.E., CPHYS, M.Sc., P.Eng. serves as its Head of Reactor Development, CEO & Director.

Institutional Ownership:

Through their ownership of 0.00821 of NNE’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. In its fiscal quarter reported on 2024-06-30, NNE reported revenue of $0.0 and operating income of -$4321119.0. The EBITDA in the recently reported quarter was -$3893604.0 and diluted EPS was -$0.17.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NNE 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.