Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $38.62, but opened at $34.75. Nano Nuclear Energy shares last traded at $38.03, with a volume of 2,531,532 shares changing hands.
Analyst Ratings Changes
A number of research firms have recently issued reports on NNE. Benchmark lifted their price objective on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. HC Wainwright reaffirmed a "buy" rating and set a $50.00 price target on shares of Nano Nuclear Energy in a research note on Wednesday, January 29th.
Get Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Up 5.1 %
The business has a fifty day moving average of $28.85 and a 200 day moving average of $20.35.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its earnings results on Monday, December 30th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.08. As a group, equities analysts forecast that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Institutional Investors Weigh In On Nano Nuclear Energy
Several hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. acquired a new stake in shares of Nano Nuclear Energy during the 3rd quarter valued at approximately $25,000. New York State Common Retirement Fund acquired a new stake in shares of Nano Nuclear Energy during the fourth quarter worth $30,000. IFP Advisors Inc lifted its position in shares of Nano Nuclear Energy by 638.5% in the 4th quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock worth $37,000 after buying an additional 1,277 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Nano Nuclear Energy in the 4th quarter valued at about $66,000. Finally, Barclays PLC bought a new stake in shares of Nano Nuclear Energy during the 3rd quarter valued at about $76,000.
Nano Nuclear Energy Company Profile
(
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.
Further Reading
Before you consider Nano Nuclear Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.
While Nano Nuclear Energy currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
