Charles Schwab Investment Management Inc. bought a new stake in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 10,867 shares of the company's stock, valued at approximately $271,000.
A number of other hedge funds have also recently bought and sold shares of NNE. New York State Common Retirement Fund acquired a new stake in shares of Nano Nuclear Energy during the 4th quarter worth approximately $30,000. IFP Advisors Inc boosted its stake in Nano Nuclear Energy by 638.5% during the fourth quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock worth $37,000 after buying an additional 1,277 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in Nano Nuclear Energy during the third quarter worth $25,000. SBI Securities Co. Ltd. bought a new stake in Nano Nuclear Energy in the 4th quarter valued at $66,000. Finally, Rothschild Investment LLC acquired a new position in shares of Nano Nuclear Energy in the 4th quarter valued at $85,000.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reiterated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research report on Monday, March 31st.
View Our Latest Analysis on NNE
Nano Nuclear Energy Stock Performance
Shares of NNE stock traded down $2.02 during trading hours on Friday, hitting $21.45. The company had a trading volume of 2,079,856 shares, compared to its average volume of 3,735,740. Nano Nuclear Energy Inc. has a 12 month low of $3.25 and a 12 month high of $48.05. The firm's fifty day moving average is $30.51 and its 200 day moving average is $25.63. The firm has a market capitalization of $795.22 million and a price-to-earnings ratio of -52.32.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. On average, sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Nano Nuclear Energy 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.
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