Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price traded down 5.4% during mid-day trading on Monday . The stock traded as low as $22.78 and last traded at $22.88. 396,443 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 3,549,343 shares. The stock had previously closed at $24.19.
Analyst Ratings Changes
Separately, HC Wainwright restated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research note on Monday, March 31st.
View Our Latest Stock Report on Nano Nuclear Energy
Nano Nuclear Energy Trading Up 2.5 %
The stock has a 50 day simple moving average of $25.13 and a 200-day simple moving average of $26.62. The firm has a market cap of $891.98 million and a PE ratio of -58.68.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.09. On average, equities research analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Hedge Funds Weigh In On Nano Nuclear Energy
Hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in Nano Nuclear Energy in the 3rd quarter valued at $25,000. North Capital Inc. bought a new stake in shares of Nano Nuclear Energy in the first quarter worth about $26,000. Marshall Investment Management LLC purchased a new stake in shares of Nano Nuclear Energy in the first quarter worth about $27,000. Ameriflex Group Inc. purchased a new stake in shares of Nano Nuclear Energy in the fourth quarter worth about $29,000. Finally, New York State Common Retirement Fund bought a new position in Nano Nuclear Energy during the fourth quarter valued at approximately $30,000.
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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