Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $23.15, but opened at $24.03. Nano Nuclear Energy shares last traded at $25.90, with a volume of 1,501,648 shares changing hands.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the stock. Benchmark increased their target price on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. HC Wainwright started coverage on Nano Nuclear Energy in a report on Wednesday, October 30th. They issued a "buy" rating and a $50.00 price objective for the company.
Read Our Latest Stock Report on NNE
Nano Nuclear Energy Price Performance
The business's 50-day moving average price is $18.69 and its 200-day moving average price is $14.40.
Institutional Investors Weigh In On Nano Nuclear Energy
Several institutional investors have recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI purchased a new stake in Nano Nuclear Energy in the second quarter valued at approximately $2,016,000. Commonwealth Equity Services LLC purchased a new stake in Nano Nuclear Energy during the second quarter worth $250,000. Barclays PLC acquired a new stake in Nano Nuclear Energy during the third quarter valued at $76,000. Geode Capital Management LLC purchased a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth about $954,000. Finally, State Street Corp acquired a new stake in shares of Nano Nuclear Energy during the 3rd quarter valued at about $718,000.
About Nano Nuclear Energy
(
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NANO Nuclear Energy Inc operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor. It is also developing a high-assay low-enriched uranium fabrication facility to supply fuel to the nuclear reactor industry and fuel transportation and nuclear consultation businesses.
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