Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $41.03 and last traded at $39.69, with a volume of 3078533 shares. The stock had previously closed at $36.45.
Analysts Set New Price Targets
NNE has been the subject of a number of analyst reports. Benchmark upped their price target on Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. HC Wainwright reaffirmed a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a research report on Wednesday, November 27th.
Get Our Latest Stock Analysis on NNE
Nano Nuclear Energy Price Performance
The stock's 50-day moving average is $26.10 and its 200 day moving average is $19.14.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its earnings results on Monday, December 30th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.08. As a group, research analysts predict that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.
Institutional Trading of Nano Nuclear Energy
Several institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new position in shares of Nano Nuclear Energy during the 3rd quarter worth about $25,000. Barclays PLC purchased a new position in Nano Nuclear Energy in the third quarter valued at about $76,000. Fulton Bank N.A. purchased a new stake in shares of Nano Nuclear Energy during the 4th quarter valued at about $213,000. Patriot Financial Group Insurance Agency LLC purchased a new position in shares of Nano Nuclear Energy in the fourth quarter valued at $227,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Nano Nuclear Energy during the second quarter worth about $250,000.
About Nano Nuclear Energy
(
Get 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
Before you consider Nano Nuclear Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.
While Nano Nuclear Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
