Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $33.26, but opened at $35.99. Nano Nuclear Energy shares last traded at $33.87, with a volume of 1,828,729 shares.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. HC Wainwright reiterated a "buy" rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Wednesday. Benchmark upped their price target 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.
Read Our Latest Stock Analysis on NNE
Nano Nuclear Energy Stock Performance
The firm's fifty day moving average is $27.62 and its 200 day moving average is $19.55.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its earnings results on Monday, December 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.08. On average, analysts forecast that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Citizens Financial Group Inc. RI grew its stake in Nano Nuclear Energy by 747.7% during the third quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company's stock worth $10,505,000 after purchasing an additional 643,000 shares during the period. State Street Corp bought a new position in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $718,000. XTX Topco Ltd bought a new position in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $305,000. Barclays PLC acquired a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $76,000. Finally, Geode Capital Management LLC bought a new stake in shares of Nano Nuclear Energy in the 3rd quarter valued at $954,000.
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.
Featured Stories
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
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
