Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price shot up 2.9% during trading on Thursday . The stock traded as high as $27.32 and last traded at $26.77. 4,198,389 shares were traded during trading, an increase of 27% from the average session volume of 3,311,204 shares. The stock had previously closed at $26.02.
Wall Street Analyst Weigh In
NNE has been the subject of a number of research analyst reports. Benchmark boosted their target price on 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 reiterated a "buy" rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research report on Wednesday.
View Our Latest Research Report on NNE
Nano Nuclear Energy Trading Up 2.9 %
The business's fifty day moving average is $20.21 and its 200 day moving average is $15.06.
Institutional Trading of Nano Nuclear Energy
Several hedge funds and other institutional investors have recently modified their holdings of NNE. Virtu Financial LLC acquired a new position in shares of Nano Nuclear Energy during the third quarter worth about $933,000. Barclays PLC acquired a new position in Nano Nuclear Energy during the 3rd quarter worth approximately $76,000. Geode Capital Management LLC bought a new position in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $954,000. XTX Topco Ltd acquired a new position in Nano Nuclear Energy during the third quarter worth $305,000. Finally, State Street Corp bought a new position in Nano Nuclear Energy in the third quarter valued at $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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