Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $29.33, but opened at $28.20. Nano Nuclear Energy shares last traded at $28.55, with a volume of 277,476 shares trading hands.
Wall Street Analyst Weigh In
Separately, HC Wainwright restated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research report on Monday.
View Our Latest Stock Analysis on NNE
Nano Nuclear Energy Price Performance
The firm's 50 day moving average price is $31.72 and its two-hundred day moving average price is $25.43. The firm has a market cap of $983.62 million and a price-to-earnings ratio of -64.38.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.09. On average, analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp purchased a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $718,000. XTX Topco Ltd acquired a new position in Nano Nuclear Energy during the third quarter worth $305,000. Barclays PLC purchased a new stake in Nano Nuclear Energy during the third quarter worth $76,000. Geode Capital Management LLC acquired a new stake in Nano Nuclear Energy in the third quarter valued at $954,000. Finally, Virtu Financial LLC purchased a new position in shares of Nano Nuclear Energy in the third quarter valued at $933,000.
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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