Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 3,109,815 shares were traded during mid-day trading, a decline of 16% from the previous session's volume of 3,687,637 shares.The stock last traded at $34.91 and had previously closed at $35.86.
Analyst Ratings Changes
Separately, HC Wainwright reiterated a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Monday, March 31st.
Read Our Latest Analysis on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The firm has a fifty day moving average of $25.13 and a 200-day moving average of $27.47. The stock has a market capitalization of $1.17 billion and a price-to-earnings ratio of -75.95.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.46). On average, analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Institutional Trading of Nano Nuclear Energy
Several large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in shares of Nano Nuclear Energy in the third quarter valued at $25,000. North Capital Inc. purchased a new stake in Nano Nuclear Energy during the 1st quarter worth $26,000. Marshall Investment Management LLC acquired a new position in Nano Nuclear Energy in the 1st quarter worth $27,000. Ameriflex Group Inc. acquired a new position in Nano Nuclear Energy in the 4th quarter worth $29,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Nano Nuclear Energy during the fourth quarter valued at about $30,000.
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.
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