Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $31.14, but opened at $29.24. Nano Nuclear Energy shares last traded at $30.16, with a volume of 745,387 shares trading hands.
Wall Street Analysts Forecast Growth
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 Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The firm has a market cap of $1.12 billion and a price-to-earnings ratio of -72.85. The business has a fifty day simple moving average of $25.12 and a 200-day simple moving average of $27.64.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported ($0.57) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.46). On average, equities analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Hedge Funds Weigh In On Nano Nuclear Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in NNE. Central Asset Investments & Management Holdings HK Ltd acquired a new position in shares of Nano Nuclear Energy during the fourth quarter worth $774,000. Newbridge Financial Services Group Inc. bought a new position in Nano Nuclear Energy during the 4th quarter worth $200,000. LPL Financial LLC acquired a new position in Nano Nuclear Energy during the 4th quarter worth about $2,596,000. Franklin Resources Inc. acquired a new position in Nano Nuclear Energy during the 4th quarter worth about $1,036,000. Finally, Powell Investment Advisors LLC bought a new stake in shares of Nano Nuclear Energy in the 4th quarter valued at about $602,000.
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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