Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock 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 traded.
Analysts Set New Price Targets
Separately, HC Wainwright reiterated a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a report on Monday, March 31st.
Read Our Latest Stock Report on NNE
Nano Nuclear Energy Stock Performance
The firm has a market capitalization of $1.10 billion and a price-to-earnings ratio of -71.76. The business has a fifty day moving average price of $25.09 and a 200 day moving average price of $27.54.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.57) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.46). On average, analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of NNE. JPMorgan Chase & Co. purchased a new position in Nano Nuclear Energy in the third quarter valued at about $25,000. SG Americas Securities LLC acquired a new stake in shares of Nano Nuclear Energy in the fourth quarter valued at about $345,000. Caprock Group LLC purchased a new stake in shares of Nano Nuclear Energy during the 4th quarter valued at about $874,000. Financial Advocates Investment Management acquired a new position in Nano Nuclear Energy during the 4th quarter worth approximately $219,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in Nano Nuclear Energy in the 4th quarter worth approximately $200,000.
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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