Powell Investment Advisors LLC acquired a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,183 shares of the company's stock, valued at approximately $602,000. Powell Investment Advisors LLC owned 0.07% of Nano Nuclear Energy at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. bought a new stake in shares of Nano Nuclear Energy during the fourth quarter worth $200,000. Financial Advocates Investment Management bought a new position in shares of Nano Nuclear Energy in the fourth quarter worth about $219,000. Caprock Group LLC bought a new position in shares of Nano Nuclear Energy in the fourth quarter worth about $874,000. Patriot Financial Group Insurance Agency LLC bought a new position in shares of Nano Nuclear Energy in the fourth quarter worth about $227,000. Finally, Perigon Wealth Management LLC bought a new position in shares of Nano Nuclear Energy in the fourth quarter worth about $2,564,000.
Nano Nuclear Energy Stock Performance
Shares of NNE traded down $0.89 during mid-day trading on Thursday, hitting $33.73. 4,494,309 shares of the company traded hands, compared to its average volume of 7,121,631. Nano Nuclear Energy Inc. has a 1-year low of $3.25 and a 1-year high of $48.05. The business has a 50 day moving average of $29.27 and a 200 day moving average of $20.78.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.09. As a group, equities analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have recently commented on NNE. Benchmark upped their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. HC Wainwright reaffirmed a "buy" rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Wednesday, January 29th.
Check Out Our Latest Stock Analysis on NNE
Nano Nuclear Energy Company Profile
(
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.
Read More
Before you consider Nano Nuclear Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.
While Nano Nuclear Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
