Mercer Global Advisors Inc. ADV boosted its stake in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) by 31.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,017 shares of the company's stock after acquiring an additional 12,060 shares during the period. Mercer Global Advisors Inc. ADV owned 0.14% of Nano Nuclear Energy worth $1,270,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in shares of Nano Nuclear Energy during the 3rd quarter valued at about $25,000. New York State Common Retirement Fund acquired a new position in Nano Nuclear Energy in the fourth quarter valued at approximately $30,000. Aster Capital Management DIFC Ltd bought a new position in shares of Nano Nuclear Energy during the 4th quarter worth approximately $30,000. IFP Advisors Inc boosted its holdings in shares of Nano Nuclear Energy by 638.5% during the 4th 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. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Nano Nuclear Energy during the 4th quarter worth approximately $66,000.
Analyst Ratings Changes
Separately, HC Wainwright reaffirmed a "buy" rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research note on Monday, March 31st.
Check Out Our Latest Analysis on Nano Nuclear Energy
Nano Nuclear Energy Trading Down 3.0%
NASDAQ NNE traded down $0.83 during trading hours on Wednesday, hitting $26.49. The company's stock had a trading volume of 2,820,664 shares, compared to its average volume of 3,537,863. Nano Nuclear Energy Inc. has a 52 week low of $3.25 and a 52 week high of $48.05. The company has a market capitalization of $982.06 million and a PE ratio of -64.61. The company's 50-day simple moving average is $25.07 and its two-hundred day simple moving average is $26.73.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.09. Research analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
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.
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