Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) was down 11.5% during trading on Monday . The company traded as low as $17.77 and last traded at $17.58. Approximately 578,550 shares traded hands during trading, a decline of 84% from the average daily volume of 3,639,885 shares. The stock had previously closed at $19.86.
Analyst Ratings Changes
Separately, HC Wainwright reaffirmed a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research note on Monday, March 31st.
Check Out Our Latest Report on NNE
Nano Nuclear Energy Trading Down 0.6 %
The firm has a market capitalization of $849.71 million and a PE ratio of -55.90. The firm's fifty day moving average price is $26.09 and its 200 day moving average price is $26.30.
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, beating analysts' consensus estimates of ($0.18) by $0.09. As a group, research analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Hedge Funds Weigh In On Nano Nuclear Energy
A number of hedge funds have recently added to or reduced their stakes in NNE. JPMorgan Chase & Co. bought a new stake in Nano Nuclear Energy in the third quarter worth approximately $25,000. Ameriflex Group Inc. acquired a new position in Nano Nuclear Energy during the fourth quarter worth $29,000. New York State Common Retirement Fund acquired a new position in Nano Nuclear Energy during the fourth quarter worth $30,000. Aster Capital Management DIFC Ltd bought a new position in Nano Nuclear Energy during the fourth quarter valued at about $30,000. Finally, KBC Group NV acquired a new stake in shares of Nano Nuclear Energy in the first quarter worth about $31,000.
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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