(NNE) Nano Nuclear Energy Common - Ratings and Ratios

Nano Nuclear Energy Inc. (NASDAQ:NNE) is a pioneering nuclear energy company focused on advancing next-generation reactor technologies and fuel solutions. The company is currently developing two innovative reactor designs: ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. These reactors are designed to offer enhanced safety, efficiency, and scalability compared to traditional nuclear power systems. Additionally, NNE is constructing a high-assay low-enriched uranium (HALEU) fuel processing facility, which will provide a critical fuel supply chain for the nuclear reactor industry. The company also offers complementary services, including fuel transportation and nuclear consultation. Incorporated in 2022 and headquartered in New York, NNE is positioning itself as a key player in the modernization of nuclear energy. Web URL: https://nanonuclearenergy.com

Ticker Symbol: NNE | Exchange: NASDAQ | Type: Common Stock | Country Origin: United States | GICS Sub Industry: Heavy Electrical Equipment

Resistance: 28.4 | Support: 23.6 | Support: 16.3 | Support: 7.2

Average Volume 20d: 5,420,271 | Last Price: 27.55 | SMA 20: 32.90 | SMA 50: 30.18 | SMA 200: 19.31 | ATR: 4.33

Market Cap: $458.84M USD | P/E: 0.00 | P/E Forward: 0.00 | P/B: 35.29 | P/S: 0.00 | RoE: -9.19

3-Month Forecast: Based on technical indicators, NNE is currently below its SMA 20 and SMA 50, suggesting short-term downward pressure. However, it remains above its SMA 200, indicating long-term bullish potential. The stock faces resistance at 28.4 and has multiple support levels at 23.6, 16.3, and 7.2. With an ATR of 4.33, volatility is expected to remain moderate. Fundamentally, the companys high P/B ratio reflects market confidence in its growth prospects, despite current losses indicated by a negative RoE. The lack of forward P/E suggests earnings are not expected in the near term. Overall, NNE is likely to experience price fluctuations, with key technical levels dictating short-term movement.