Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $44.51, but opened at $35.98. Nano Nuclear Energy shares last traded at $34.64, with a volume of 4,579,083 shares traded.
Analyst Ratings Changes
NNE has been the topic of several analyst reports. HC Wainwright reissued a "buy" rating and issued a $50.00 target price on shares of Nano Nuclear Energy in a research note on Wednesday, November 27th. Benchmark increased their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research report on Thursday, November 7th.
View Our Latest Report on NNE
Nano Nuclear Energy Stock Down 25.3 %
The stock's fifty day moving average price is $26.95 and its 200-day moving average price is $19.31.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings results on Monday, December 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.08. On average, analysts predict that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in Nano Nuclear Energy in the third quarter valued at about $25,000. Barclays PLC bought a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $76,000. Fulton Bank N.A. acquired a new stake in shares of Nano Nuclear Energy in the 4th quarter valued at $213,000. Financial Advocates Investment Management bought a new position in Nano Nuclear Energy in the fourth quarter valued at about $219,000. Finally, Patriot Financial Group Insurance Agency LLC acquired a new position in Nano Nuclear Energy during the 4th quarter worth approximately $227,000.
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
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
