Franklin Resources Inc. bought a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 41,610 shares of the company's stock, valued at approximately $1,036,000. Franklin Resources Inc. owned 0.11% of Nano Nuclear Energy as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in Nano Nuclear Energy in the 3rd quarter valued at $25,000. New York State Common Retirement Fund acquired a new stake in shares of Nano Nuclear Energy in the fourth quarter valued at about $30,000. IFP Advisors Inc lifted its stake in shares of Nano Nuclear Energy by 638.5% in the fourth quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock worth $37,000 after buying an additional 1,277 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Nano Nuclear Energy during the fourth quarter worth about $66,000. Finally, Barclays PLC purchased a new stake in Nano Nuclear Energy during the 3rd quarter valued at about $76,000.
Nano Nuclear Energy Trading Down 3.2 %
NASDAQ:NNE traded down $0.66 during trading hours on Friday, hitting $19.86. The company had a trading volume of 1,311,370 shares, compared to its average volume of 3,651,800. Nano Nuclear Energy Inc. has a 1 year low of $3.25 and a 1 year high of $48.05. The company has a 50-day moving average of $27.30 and a 200 day moving average of $26.32. The company has a market cap of $736.27 million and a P/E ratio of -48.44.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter, topping analysts' consensus estimates of ($0.18) by $0.09. On average, analysts forecast that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, HC Wainwright reissued a "buy" rating and issued a $50.00 target price on shares of Nano Nuclear Energy in a research note on Monday, March 31st.
Read Our Latest Analysis on Nano Nuclear Energy
About Nano Nuclear Energy
(
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.
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