Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price traded up 7.5% during trading on Wednesday . The stock traded as high as $25.17 and last traded at $24.96. 2,716,169 shares were traded during trading, a decline of 11% from the average session volume of 3,059,173 shares. The stock had previously closed at $23.22.
Analyst Upgrades and Downgrades
NNE has been the topic of several recent analyst reports. Benchmark raised their price target 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 assumed coverage on shares of Nano Nuclear Energy in a research note on Wednesday, October 30th. They issued a "buy" rating and a $50.00 target price on the stock.
View Our Latest Stock Analysis on Nano Nuclear Energy
Nano Nuclear Energy Price Performance
The business has a 50 day moving average price of $16.56.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share (EPS) for the quarter. As a group, equities analysts predict that Nano Nuclear Energy Inc. will post -0.46 earnings per share for the current fiscal year.
Institutional Trading of Nano Nuclear Energy
An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC purchased a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,665 shares of the company's stock, valued at approximately $250,000.
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
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
