Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price was up 5.6% during trading on Monday . The company traded as high as $26.00 and last traded at $24.71. Approximately 3,774,966 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 3,357,008 shares. The stock had previously closed at $23.41.
Analyst Ratings Changes
NNE has been the topic of several recent analyst reports. Benchmark increased their target price on Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a report 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 report on Wednesday, November 27th.
Get Our Latest Analysis on NNE
Nano Nuclear Energy Price Performance
The firm's fifty day moving average price is $25.59 and its 200-day moving average price is $18.98.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings data on Monday, December 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.08. Sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Hedge Funds Weigh In On Nano Nuclear Energy
A number of institutional investors have recently modified their holdings of the business. SG Americas Securities LLC purchased a new position in shares of Nano Nuclear Energy in the 4th quarter valued at approximately $345,000. Fulton Bank N.A. purchased a new position in Nano Nuclear Energy in the 4th quarter valued at $213,000. JPMorgan Chase & Co. acquired a new position in Nano Nuclear Energy in the 3rd quarter valued at $25,000. Virtu Financial LLC purchased a new position in Nano Nuclear Energy during the 3rd quarter worth $933,000. Finally, Barclays PLC acquired a new stake in shares of Nano Nuclear Energy in the 3rd quarter worth $76,000.
Nano Nuclear Energy Company Profile
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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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