Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) 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 changing hands.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reiterated a "buy" rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research report on Wednesday, January 29th.
View Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The company has a market cap of $992.44 million and a price-to-earnings ratio of -65.29. The firm's 50 day simple moving average is $31.68 and its 200-day simple moving average is $25.23.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its quarterly earnings data 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. As a group, sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Institutional Investors Weigh In On Nano Nuclear Energy
Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in Nano Nuclear Energy in the third quarter valued at $25,000. Ameriflex Group Inc. acquired a new position in Nano Nuclear Energy during the 4th quarter worth approximately $29,000. New York State Common Retirement Fund purchased a new position in shares of Nano Nuclear Energy during the 4th quarter worth approximately $30,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Nano Nuclear Energy in the 4th quarter valued at approximately $30,000. Finally, IFP Advisors Inc boosted its stake in shares of Nano Nuclear Energy by 638.5% in the fourth quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock valued at $37,000 after buying an additional 1,277 shares in the last quarter.
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.
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
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
