Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price shot up 3.5% during mid-day trading on Friday . The stock traded as high as $26.71 and last traded at $26.35. 1,312,657 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 3,331,963 shares. The stock had previously closed at $25.46.
Wall Street Analyst Weigh In
NNE has been the topic of several recent research reports. Benchmark increased their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. HC Wainwright restated a "buy" rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Wednesday, November 27th.
Read Our Latest Research Report on Nano Nuclear Energy
Nano Nuclear Energy Price Performance
The stock's 50-day moving average is $21.52 and its two-hundred day moving average is $15.86.
Hedge Funds Weigh In On Nano Nuclear Energy
Large investors have recently bought and sold shares of the business. Barclays PLC acquired a new position in shares of Nano Nuclear Energy during the third quarter worth $76,000. Commonwealth Equity Services LLC acquired a new stake in Nano Nuclear Energy in the second quarter worth about $250,000. XTX Topco Ltd acquired a new position in shares of Nano Nuclear Energy during the third quarter valued at about $305,000. State Street Corp purchased a new position in shares of Nano Nuclear Energy in the 3rd quarter valued at approximately $718,000. Finally, Virtu Financial LLC purchased a new stake in Nano Nuclear Energy during the 3rd quarter worth approximately $933,000.
Nano Nuclear Energy Company Profile
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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.
Further Reading
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