Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $30.93, but opened at $33.04. Nano Nuclear Energy shares last traded at $30.95, with a volume of 2,605,222 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reissued a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research note on Monday, March 31st.
Read Our Latest Stock Analysis on Nano Nuclear Energy
Nano Nuclear Energy Stock Up 1.5%
The stock's 50 day moving average is $25.14 and its two-hundred day moving average is $27.65. The company has a market capitalization of $1.11 billion and a PE ratio of -72.27.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.57) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.46). On average, sell-side analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Institutional Trading of Nano Nuclear Energy
A number of hedge funds have recently added to or reduced their stakes in NNE. JPMorgan Chase & Co. purchased a new stake in Nano Nuclear Energy in the third quarter worth about $25,000. SG Americas Securities LLC purchased a new stake in Nano Nuclear Energy in the fourth quarter worth about $345,000. Caprock Group LLC bought a new position in Nano Nuclear Energy in the fourth quarter worth about $874,000. Financial Advocates Investment Management bought a new position in Nano Nuclear Energy in the fourth quarter worth about $219,000. Finally, Newbridge Financial Services Group Inc. bought a new position in Nano Nuclear Energy in the fourth quarter worth about $200,000.
Nano Nuclear Energy Company Profile
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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.
Further Reading
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