Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) traded up 5.6% during trading on Monday . The stock traded as high as $26.00 and last traded at $24.71. 3,774,966 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 3,357,008 shares. The stock had previously closed at $23.41.
Wall Street Analyst Weigh In
NNE has been the topic of a number of analyst reports. HC Wainwright reissued a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a report on Wednesday, November 27th. Benchmark lifted their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research report on Thursday, November 7th.
Read Our Latest Stock Analysis on NNE
Nano Nuclear Energy Stock Up 10.9 %
The business's 50 day moving average price is $25.83 and its 200-day moving average price is $19.01.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings data on Monday, December 30th. The company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.08. On average, sell-side analysts forecast that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Institutional Trading of Nano Nuclear Energy
Several institutional investors and hedge funds have recently made changes to their positions in the business. Citizens Financial Group Inc. RI boosted its position in shares of Nano Nuclear Energy by 747.7% during the third quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company's stock worth $10,505,000 after purchasing an additional 643,000 shares in the last quarter. Geode Capital Management LLC bought a new position in Nano Nuclear Energy during the third quarter worth about $954,000. Virtu Financial LLC acquired a new position in Nano Nuclear Energy in the third quarter valued at about $933,000. State Street Corp bought a new stake in shares of Nano Nuclear Energy in the third quarter worth about $718,000. Finally, XTX Topco Ltd acquired a new stake in shares of Nano Nuclear Energy during the third quarter worth about $305,000.
Nano Nuclear Energy Company Profile
(
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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