Geode Capital Management LLC acquired a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 66,224 shares of the company's stock, valued at approximately $954,000. Geode Capital Management LLC owned about 0.21% of Nano Nuclear Energy as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of NNE. Barclays PLC acquired a new position in shares of Nano Nuclear Energy during the third quarter valued at $76,000. Commonwealth Equity Services LLC bought a new position in Nano Nuclear Energy in the 2nd quarter valued at about $250,000. XTX Topco Ltd acquired a new position in Nano Nuclear Energy during the 3rd quarter valued at about $305,000. State Street Corp bought a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth about $718,000. Finally, Citizens Financial Group Inc. RI acquired a new stake in shares of Nano Nuclear Energy in the 2nd quarter worth approximately $2,016,000.
Analyst Ratings Changes
A number of equities research analysts have weighed in on NNE shares. Benchmark upped their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a report on Thursday, November 7th. HC Wainwright reissued a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research note on Wednesday, November 27th.
Read Our Latest Research Report on NNE
Nano Nuclear Energy Price Performance
Shares of NASDAQ:NNE traded down $1.18 during midday trading on Friday, hitting $25.66. 3,131,116 shares of the stock were exchanged, compared to its average volume of 4,636,411. Nano Nuclear Energy Inc. has a 52-week low of $3.25 and a 52-week high of $37.51. The business's fifty day simple moving average is $25.30 and its two-hundred day simple moving average is $19.05.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released 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. As a group, sell-side analysts predict that Nano Nuclear Energy Inc. will post -0.46 earnings per share for the current fiscal year.
About Nano Nuclear Energy
(
Free Report)
NANO Nuclear Energy Inc operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor. It is also developing a high-assay low-enriched uranium fabrication facility to supply fuel to the nuclear reactor industry and fuel transportation and nuclear consultation businesses.
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