Koshinski Asset Management Inc. acquired a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,780 shares of the company's stock, valued at approximately $544,000.
Several other institutional investors and hedge funds also recently modified their holdings of the company. MGO One Seven LLC boosted its position in shares of Nano Nuclear Energy by 7.5% during the second quarter. MGO One Seven LLC now owns 14,664 shares of the company's stock worth $506,000 after buying an additional 1,028 shares during the period. Concurrent Investment Advisors LLC bought a new stake in Nano Nuclear Energy during the second quarter worth about $262,000. IFP Advisors Inc raised its holdings in Nano Nuclear Energy by 27.9% during the second quarter. IFP Advisors Inc now owns 4,128 shares of the company's stock worth $142,000 after acquiring an additional 900 shares in the last quarter. KLP Kapitalforvaltning AS raised its holdings in Nano Nuclear Energy by 173.9% during the second quarter. KLP Kapitalforvaltning AS now owns 12,600 shares of the company's stock worth $435,000 after acquiring an additional 8,000 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in Nano Nuclear Energy during the second quarter worth about $6,269,000.
Nano Nuclear Energy Stock Performance
Shares of NASDAQ:NNE opened at $47.84 on Monday. The business's 50 day simple moving average is $38.71 and its two-hundred day simple moving average is $33.19. Nano Nuclear Energy Inc. has a 52-week low of $16.58 and a 52-week high of $60.87. The firm has a market cap of $1.99 billion, a P/E ratio of -51.44 and a beta of 6.80.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.27) by $0.08. On average, equities analysts forecast that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several analysts recently issued reports on the company. HC Wainwright reiterated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a report on Friday, August 15th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Nano Nuclear Energy in a report on Wednesday, October 8th. LADENBURG THALM/SH SH started coverage on Nano Nuclear Energy in a report on Thursday, July 10th. They set a "buy" rating and a $51.00 target price on the stock. Northland Securities started coverage on Nano Nuclear Energy in a research note on Monday, July 7th. They issued an "outperform" rating and a $40.00 price objective on the stock. Finally, Northland Capmk upgraded Nano Nuclear Energy to a "strong-buy" rating in a research note on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $51.75.
Get Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Company Profile
(
Free Report)
NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.
Further Reading
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