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Stock impact report

Assessing NANO Nuclear Energy (NNE) Valuation After A Steep One Year Decline And Recent One Month Rebound [Yahoo! Finance]

Nano Nuclear Energy Inc. - common stock (NNE) 
Company Research Source: Yahoo! Finance
NANO Nuclear Energy (NNE) shares recently closed at $34.73. This follows a mixed return pattern that includes a 3.8% decline over the past day, a 2.6% slip over the past week, and a 21.9% gain over the past month. See our latest analysis for NANO Nuclear Energy. That recent 1-month share price return of 21.9% sits against a weaker 90-day share price return of 20.2% and a 1-year total shareholder return of a 22.0% decline. Near term momentum therefore appears to be improving after a tougher stretch. If NANO Nuclear Energy has caught your eye, it can be useful to set it alongside other nuclear and energy related ideas by scanning aerospace and defense stocks as a starting point. With shares down 22.0% over the past year but up 21.9% in the last month, and with an analyst price target sitting above the recent close, is there still a buying opportunity here or is the market already pricing in future growth? On a price-to-book basis, NANO Nuclear Energy currently trades at 7.9x Show less Read more
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