Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $20.39, but opened at $21.85. Nano Nuclear Energy shares last traded at $21.34, with a volume of 798,518 shares traded.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the company. HC Wainwright reaffirmed a "buy" rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Wednesday, November 27th. Benchmark lifted their target price on Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research report on Thursday, November 7th.
Check Out Our Latest Research Report on Nano Nuclear Energy
Nano Nuclear Energy Price Performance
The company's 50-day simple moving average is $25.37 and its 200 day simple moving average is $19.04.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its earnings results on Monday, December 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.08. As a group, equities research analysts forecast that Nano Nuclear Energy Inc. will post -0.46 earnings per share 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. Citizens Financial Group Inc. RI boosted its position in shares of Nano Nuclear Energy by 747.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company's stock worth $10,505,000 after acquiring an additional 643,000 shares in the last quarter. Geode Capital Management LLC acquired a new stake in shares of Nano Nuclear Energy in the 3rd quarter valued at about $954,000. Virtu Financial LLC purchased a new position in Nano Nuclear Energy during the 3rd quarter worth approximately $933,000. State Street Corp acquired a new position in Nano Nuclear Energy during the third quarter worth approximately $718,000. Finally, XTX Topco Ltd purchased a new stake in Nano Nuclear Energy in the third quarter valued at approximately $305,000.
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.
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