Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $30.50, but opened at $32.00. Nano Nuclear Energy shares last traded at $35.40, with a volume of 1,751,790 shares changing hands.
Wall Street Analyst Weigh In
Separately, HC Wainwright restated a "buy" rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research report on Monday, March 31st.
Check Out Our Latest Stock Analysis on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The company has a 50 day moving average of $26.21 and a 200-day moving average of $27.90. The stock has a market cap of $1.44 billion and a price-to-earnings ratio of -84.44.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its 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, research analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Institutional Trading of Nano Nuclear Energy
Hedge funds have recently modified their holdings of the business. Rhumbline Advisers raised its holdings in shares of Nano Nuclear Energy by 376.9% in the first quarter. Rhumbline Advisers now owns 29,628 shares of the company's stock worth $784,000 after acquiring an additional 23,416 shares during the last quarter. Optimize Financial Inc purchased a new stake in shares of Nano Nuclear Energy in the first quarter worth about $217,000. NewEdge Advisors LLC lifted its stake in shares of Nano Nuclear Energy by 385.8% in the first quarter. NewEdge Advisors LLC now owns 1,914 shares of the company's stock worth $51,000 after acquiring an additional 1,520 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Nano Nuclear Energy by 535.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,547 shares of the company's stock valued at $385,000 after buying an additional 12,256 shares in the last quarter. Finally, AQR Capital Management LLC acquired a new stake in Nano Nuclear Energy during the first quarter valued at approximately $1,187,000.
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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