With 2.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.12 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $29.94 whereas the lowest price it dropped to was $27.8. 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 $58.00.
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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 NNE was up-trending over the past week, with a rise of 19.97%, but this was up by 9.88% over a month. Three-month performance surged to 88.79% while six-month performance rose 75.52%. For the next quarter, that number is -0.18. This implies an EPS growth rate of -118.18% for this year and -28.13% for next year.
Float and Shares Shorts:
At present, 29.00 million NNE shares are outstanding with a float of 20.04 million shares on hand for trading. On 2024-11-29, short shares totaled 2.95 million, which was 822.0000600000001 higher than short shares on 1730332800. 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 0.04755 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 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With NNE analysts setting a high price target of 66.0 and a low target of 50.0, the average target price over the next 12 months is 58.0. Based on these targets, NNE could surge 131.82% to reach the target high and rise by 75.62% to reach the target low. Reaching the average price target will result in a growth of 103.72% from current levels.
Analysts have provided yearly estimates in a range of -$0.38073 being high and -$0.53927 being low. For NNE, this leads to a yearly average estimate of -$0.46. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
