Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) 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 trading hands.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on NNE shares. HC Wainwright restated a "buy" rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research report on Wednesday, November 27th. Benchmark increased their price target on Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a "buy" rating in a report on Thursday, November 7th.
Get Our Latest Stock Report on Nano Nuclear Energy
Nano Nuclear Energy Trading Up 2.5 %
The firm has a fifty day simple moving average of $25.52 and a 200 day simple moving average of $19.05.
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 for the quarter, topping the consensus estimate of ($0.16) by $0.08. As a group, equities analysts predict that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Nano Nuclear Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. bought a new stake in shares of Nano Nuclear Energy in the 3rd quarter valued at about $25,000. Barclays PLC purchased a new stake in Nano Nuclear Energy during the third quarter valued at approximately $76,000. Fulton Bank N.A. acquired a new stake in Nano Nuclear Energy in the fourth quarter valued at approximately $213,000. Commonwealth Equity Services LLC purchased a new position in Nano Nuclear Energy in the second quarter worth $250,000. Finally, XTX Topco Ltd acquired a new position in shares of Nano Nuclear Energy during the third quarter worth $305,000.
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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