Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shares fell 1.4% on Tuesday . The stock traded as low as $32.17 and last traded at $32.02. 1,976,952 shares traded hands during trading, a decline of 71% from the average session volume of 6,858,030 shares. The stock had previously closed at $32.49.
Analyst Ratings Changes
A number of equities analysts have weighed in on NNE shares. HC Wainwright reiterated a "buy" rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research report on Wednesday, January 29th. Benchmark upped their target price 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.
View Our Latest Research Report on NNE
Nano Nuclear Energy Price Performance
The stock's fifty day moving average price is $30.16 and its 200 day moving average price is $21.57. The stock has a market capitalization of $1.07 billion and a P/E ratio of -70.59.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.09. On average, sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Institutional Trading of Nano Nuclear Energy
A number of institutional investors have recently modified their holdings of NNE. JPMorgan Chase & Co. purchased a new position in shares of Nano Nuclear Energy in the 3rd quarter valued at approximately $25,000. New York State Common Retirement Fund purchased a new position in shares of Nano Nuclear Energy during the 4th quarter valued at approximately $30,000. Aster Capital Management DIFC Ltd purchased a new position in shares of Nano Nuclear Energy during the 4th quarter valued at approximately $30,000. IFP Advisors Inc increased its holdings in shares of Nano Nuclear Energy by 638.5% during the 4th quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock valued at $37,000 after purchasing an additional 1,277 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Nano Nuclear Energy during the 4th quarter valued at approximately $66,000.
About Nano Nuclear Energy
(
Get 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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