Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) was down 5.4% during trading on Monday . The company traded as low as $24.43 and last traded at $25.52. Approximately 830,920 shares traded hands during trading, a decline of 79% from the average daily volume of 3,884,262 shares. The stock had previously closed at $26.98.
Analyst Ratings Changes
Separately, HC Wainwright restated a "buy" rating and issued a $50.00 target price on shares of Nano Nuclear Energy in a research note on Wednesday, January 29th.
View Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Down 1.8 %
The firm's 50 day moving average is $30.59 and its two-hundred day moving average is $23.48. The stock has a market cap of $1.01 billion and a price-to-earnings ratio of -66.56.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.09. On average, analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in NNE. JPMorgan Chase & Co. bought a new stake in shares of Nano Nuclear Energy in the 3rd quarter worth $25,000. Ameriflex Group Inc. acquired a new position in Nano Nuclear Energy during the fourth quarter worth about $29,000. New York State Common Retirement Fund bought a new stake in Nano Nuclear Energy in the fourth quarter worth about $30,000. Aster Capital Management DIFC Ltd acquired a new stake in Nano Nuclear Energy in the 4th quarter valued at about $30,000. Finally, IFP Advisors Inc boosted its position 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.
About Nano Nuclear Energy
(
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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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