Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $38.10, but opened at $39.60. Nano Nuclear Energy shares last traded at $37.24, with a volume of 1,846,132 shares.
Analyst Ratings Changes
Several brokerages have recently commented on NNE. HC Wainwright reiterated a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a report on Wednesday, January 29th. Benchmark raised 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.
View Our Latest Report on NNE
Nano Nuclear Energy Trading Up 5.2 %
The company's 50 day moving average price is $28.70 and its 200 day moving average price is $20.21.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings results on Monday, December 30th. The company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.08. Research analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Institutional Trading of Nano Nuclear Energy
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Citizens Financial Group Inc. RI lifted its holdings in Nano Nuclear Energy by 747.7% in the third quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company's stock valued at $10,505,000 after acquiring an additional 643,000 shares during the period. Van ECK Associates Corp acquired a new position in shares of Nano Nuclear Energy in the 4th quarter valued at $11,311,000. Perigon Wealth Management LLC acquired a new position in shares of Nano Nuclear Energy in the 4th quarter valued at $2,564,000. Geode Capital Management LLC purchased a new stake in Nano Nuclear Energy during the third quarter worth $954,000. Finally, Virtu Financial LLC acquired a new stake in Nano Nuclear Energy during the third quarter valued at $933,000.
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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