Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $27.53, but opened at $29.51. Nano Nuclear Energy shares last traded at $28.27, with a volume of 525,794 shares trading hands.
Analysts Set New Price Targets
Separately, HC Wainwright reissued a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a report on Wednesday, January 29th.
View Our Latest Research Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The firm's 50-day simple moving average is $30.68 and its two-hundred day simple moving average is $23.51. The stock has a market cap of $1.05 billion and a price-to-earnings ratio of -69.07.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.09. Equities research analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Nano Nuclear Energy
Several institutional investors have recently modified their holdings of NNE. JPMorgan Chase & Co. bought a new stake in shares of Nano Nuclear Energy during the 3rd quarter valued at $25,000. Ameriflex Group Inc. acquired a new stake in shares of Nano Nuclear Energy during the fourth quarter worth $29,000. New York State Common Retirement Fund acquired a new position in Nano Nuclear Energy in the fourth quarter valued at about $30,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Nano Nuclear Energy in the 4th quarter valued at about $30,000. Finally, IFP Advisors Inc grew its holdings in Nano Nuclear Energy by 638.5% during the fourth quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock valued at $37,000 after purchasing an additional 1,277 shares during the period.
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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