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NASDAQ:NA

Nano Labs (NA) Stock Price, News & Analysis

Nano Labs logo
$9.61 +1.05 (+12.27%)
(As of 11/29/2024 ET)

About Nano Labs Stock (NASDAQ:NA)

Key Stats

Today's Range
$8.80
$11.00
50-Day Range
$2.96
$10.50
52-Week Range
$2.75
$47.50
Volume
125,965 shs
Average Volume
306,439 shs
Market Capitalization
$49.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology. In addition, it engages in the research and development of software. Its customers include enterprises and individual buyers. The company was founded in 2019 and is headquartered in Hangzhou, the People's Republic of China.

Nano Labs Stock Analysis - MarketRank™

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7th Percentile Overall Score

NA MarketRank™: 

Nano Labs scored higher than 7% of companies evaluated by MarketBeat, and ranked 649th out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Nano Labs.

  • Price to Book Value per Share Ratio

    Nano Labs has a P/B Ratio of 14.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.39% of the float of Nano Labs has been sold short.
  • Short Interest Ratio / Days to Cover

    Nano Labs has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nano Labs has recently increased by 386.41%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Nano Labs does not currently pay a dividend.

  • Dividend Growth

    Nano Labs does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.39% of the float of Nano Labs has been sold short.
  • Short Interest Ratio / Days to Cover

    Nano Labs has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nano Labs has recently increased by 386.41%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Nano Labs has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Nano Labs this week, compared to 2 articles on an average week.
  • Search Interest

    12 people have searched for NA on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Nano Labs to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Nano Labs insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    50.68% of the stock of Nano Labs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Nano Labs' insider trading history.
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NA Stock News Headlines

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Nano Labs Ltd Secures Nasdaq Compliance with Strategic Loan Conversion
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See More Headlines

NA Stock Analysis - Frequently Asked Questions

Nano Labs' stock was trading at $18.1010 at the beginning of the year. Since then, NA shares have decreased by 46.9% and is now trading at $9.61.
View the best growth stocks for 2024 here
.

Shares of Nano Labs reverse split on Monday, November 4th 2024. The 1-10 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the market closes on Sunday, November 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Nano Labs (NA) raised $21 million in an initial public offering on Tuesday, July 12th 2022. The company issued 1,800,000 shares at $11.35-$11.51 per share. AMTD Global Markets, Maxim Group and Tiger Brokers acted as the underwriters for the IPO.

Shares of NA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nano Labs investors own include MSP Recovery (LIFW), MSP Recovery (LIFW), Faraday Future Intelligent Electric (FFIE), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Intel (INTC) and Top KingWin (TCJH).

Company Calendar

Today
11/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Equipment
Fax
N/A
Employees
157
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$11.06 million
Book Value
$0.65 per share

Miscellaneous

Free Float
N/A
Market Cap
$49.40 million
Optionable
Not Optionable
Beta
2.30
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This page (NASDAQ:NA) was last updated on 12/1/2024 by MarketBeat.com Staff
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