Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shot up 2.6% on Tuesday . The stock traded as high as $17.90 and last traded at $17.23. 897,520 shares traded hands during trading, a decline of 70% from the average session volume of 2,987,222 shares. The stock had previously closed at $16.80.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on NNE shares. Benchmark restated a "buy" rating and issued a $39.00 target price on shares of Nano Nuclear Energy in a research note on Monday, July 15th. HC Wainwright assumed coverage on Nano Nuclear Energy in a research note on Wednesday, October 30th. They issued a "buy" rating and a $50.00 target price for the company.
Check Out Our Latest Research Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The stock's 50 day moving average is $15.38.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.17) EPS for the quarter. As a group, equities analysts predict that Nano Nuclear Energy Inc. will post -0.46 EPS for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Commonwealth Equity Services LLC acquired a new stake in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 10,665 shares of the company's stock, valued at approximately $250,000.
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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