Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $29.33, but opened at $28.20. Nano Nuclear Energy shares last traded at $28.55, with a volume of 277,476 shares traded.
Analyst Upgrades and Downgrades
Separately, HC Wainwright restated a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Monday.
View Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The company's 50 day simple moving average is $31.68 and its 200 day simple moving average is $25.33. The stock has a market cap of $980.95 million and a PE ratio of -64.54.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. Equities research analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Institutional Investors Weigh In On Nano Nuclear Energy
A number of hedge funds have recently made changes to their positions in the business. Anson Funds Management LP purchased a new stake in Nano Nuclear Energy during the fourth quarter worth about $20,746,000. Hudson Bay Capital Management LP bought a new position in shares of Nano Nuclear Energy during the 4th quarter valued at approximately $19,642,000. Vanguard Group Inc. increased its stake in shares of Nano Nuclear Energy by 2,838.5% during the 4th quarter. Vanguard Group Inc. now owns 685,619 shares of the company's stock worth $17,068,000 after purchasing an additional 662,287 shares during the last quarter. Van ECK Associates Corp purchased a new stake in shares of Nano Nuclear Energy during the 4th quarter worth approximately $11,311,000. Finally, Nuveen Asset Management LLC bought a new stake in shares of Nano Nuclear Energy in the 4th quarter worth approximately $4,544,000.
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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