With 3.01 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.59 million shares. The 52-week range on NNE shows that it touched its highest point at $48.05 and its lowest point at $3.25 during that stretch. It currently has a 1-year price target of $47.50.
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 down-trending over the past week, with a drop of -19.05%, but this was down by -42.71% over a month. Three-month performance surged to 10.17% while six-month performance rose 144.25%. A look at the trailing 12-month EPS for NNE yields -0.40 with Next year EPS estimates of -0.77. For the next quarter, that number is -0.14. This implies an EPS growth rate of -52.56% for this year and -29.41% for next year.
Float and Shares Shorts:
At present, 36.74 million NNE shares are outstanding with a float of 21.35 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.44 being high and -$0.44 being low. For NNE, this leads to a yearly average estimate of -$0.44. 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.
