Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price shot up 0.7% during mid-day trading on Monday . The stock traded as high as $30.86 and last traded at $29.00. 1,216,975 shares traded hands during trading, a decline of 80% from the average session volume of 6,112,148 shares. The stock had previously closed at $28.79.
Analyst Ratings Changes
Separately, HC Wainwright restated a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a report on Wednesday, January 29th.
Get Our Latest Report on NNE
Nano Nuclear Energy Trading Up 0.0 %
The firm's fifty day moving average price is $30.47 and its 200-day moving average price is $23.05. The company has a market cap of $1.00 billion and a P/E ratio of -65.80.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.09. As a group, research analysts forecast that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.
Institutional Trading of Nano Nuclear Energy
A number of institutional investors and hedge funds have recently added to or reduced their stakes in NNE. JPMorgan Chase & Co. bought a new stake in Nano Nuclear Energy in the third quarter valued at about $25,000. Ameriflex Group Inc. bought a new stake in Nano Nuclear Energy in the fourth quarter valued at about $29,000. New York State Common Retirement Fund bought a new stake in Nano Nuclear Energy in the fourth quarter valued at about $30,000. Aster Capital Management DIFC Ltd bought a new stake in Nano Nuclear Energy in the fourth quarter valued at about $30,000. Finally, IFP Advisors Inc increased its stake in Nano Nuclear Energy by 638.5% in the fourth quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock valued at $37,000 after acquiring an additional 1,277 shares during the period.
About Nano Nuclear Energy
(
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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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