Newbridge Financial Services Group Inc. acquired a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,032 shares of the company's stock, valued at approximately $200,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new position in shares of Nano Nuclear Energy during the 3rd quarter worth about $25,000. Barclays PLC acquired a new position in shares of Nano Nuclear Energy during the 3rd quarter worth about $76,000. Fulton Bank N.A. acquired a new position in shares of Nano Nuclear Energy during the 4th quarter worth about $213,000. Financial Advocates Investment Management acquired a new position in shares of Nano Nuclear Energy during the 4th quarter worth about $219,000. Finally, Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Nano Nuclear Energy during the 4th quarter worth about $227,000.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on NNE shares. HC Wainwright restated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research report on Wednesday, January 29th. Benchmark boosted their price objective on Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research report on Thursday, November 7th.
Check Out Our Latest Report on NNE
Nano Nuclear Energy Price Performance
Shares of NNE traded down $0.89 on Thursday, hitting $33.73. The company's stock had a trading volume of 4,494,309 shares, compared to its average volume of 7,121,631. The firm's fifty day moving average price is $29.27 and its 200-day moving average price is $20.78. Nano Nuclear Energy Inc. has a fifty-two week low of $3.25 and a fifty-two week high of $48.05.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued 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. Sell-side analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Nano Nuclear Energy Company Profile
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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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