Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) rose 3.1% on Friday . The stock traded as high as $24.30 and last traded at $23.81. Approximately 1,022,306 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 3,353,429 shares. The stock had previously closed at $23.10.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. HC Wainwright reiterated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a report on Wednesday, November 27th. Benchmark boosted their price objective on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a report on Thursday, November 7th.
Read Our Latest Stock Analysis on Nano Nuclear Energy
Nano Nuclear Energy Trading Up 3.6 %
The company has a fifty day simple moving average of $22.36 and a 200-day simple moving average of $16.57.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Barclays PLC purchased a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $76,000. Commonwealth Equity Services LLC bought a new position in Nano Nuclear Energy during the second quarter valued at $250,000. XTX Topco Ltd purchased a new position in shares of Nano Nuclear Energy in the 3rd quarter worth $305,000. State Street Corp bought a new stake in shares of Nano Nuclear Energy in the 3rd quarter worth about $718,000. Finally, Virtu Financial LLC bought a new stake in Nano Nuclear Energy during the third quarter worth approximately $933,000.
About Nano Nuclear Energy
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Nano Nuclear Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.
While Nano Nuclear Energy currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
