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Nano Nuclear Energy (NASDAQ:NNE) Posts Quarterly Earnings Results

Nano Nuclear Energy logo with Oils/Energy background

Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) issued its quarterly earnings results on Monday. The company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.16) by $0.08, Zacks reports.

Nano Nuclear Energy Price Performance

Nano Nuclear Energy stock traded down $2.09 during midday trading on Monday, hitting $24.83. The company's stock had a trading volume of 3,017,903 shares, compared to its average volume of 3,388,926. Nano Nuclear Energy has a 12 month low of $3.25 and a 12 month high of $37.51. The stock's 50-day moving average price is $24.10 and its 200-day moving average price is $18.34.

Analyst Upgrades and Downgrades

NNE has been the topic of a number of recent analyst reports. Benchmark boosted their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. HC Wainwright restated a "buy" rating and issued a $50.00 target price on shares of Nano Nuclear Energy in a research report on Wednesday, November 27th.

Get Our Latest Stock Analysis on Nano Nuclear Energy

About Nano Nuclear Energy

(Get 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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