Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $24.10, but opened at $25.53. Nano Nuclear Energy shares last traded at $25.45, with a volume of 1,342,288 shares.
Analysts Set New Price Targets
NNE has been the topic of several research analyst reports. Benchmark lifted 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. HC Wainwright reaffirmed a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a report on Wednesday, November 27th.
Get Our Latest Stock Analysis on Nano Nuclear Energy
Nano Nuclear Energy Price Performance
The company's 50-day simple moving average is $22.23 and its 200-day simple moving average is $16.53.
Institutional Trading of Nano Nuclear Energy
Several institutional investors and hedge funds have recently bought and sold shares of NNE. Citizens Financial Group Inc. RI lifted its holdings in shares of 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 purchasing an additional 643,000 shares in the last quarter. Geode Capital Management LLC purchased a new stake in Nano Nuclear Energy in the 3rd quarter worth about $954,000. Virtu Financial LLC acquired a new stake in Nano Nuclear Energy during the 3rd quarter worth about $933,000. State Street Corp purchased a new position in Nano Nuclear Energy during the 3rd quarter valued at about $718,000. Finally, XTX Topco Ltd acquired a new position in shares of Nano Nuclear Energy in the 3rd quarter valued at about $305,000.
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.
Further Reading
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