Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price rose 1.2% during trading on Thursday . The stock traded as high as $31.99 and last traded at $31.63. Approximately 541,984 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 3,813,576 shares. The stock had previously closed at $31.26.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reissued a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a report on Wednesday, January 29th.
View Our Latest Research Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The firm has a market capitalization of $1.12 billion and a P/E ratio of -73.63. The stock has a 50 day moving average of $30.96 and a 200-day moving average of $24.46.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. As a group, sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Hedge Funds Weigh In On Nano Nuclear Energy
A number of large investors have recently made changes to their positions in NNE. JPMorgan Chase & Co. lifted its holdings in Nano Nuclear Energy by 19.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,076 shares of the company's stock worth $52,000 after purchasing an additional 331 shares in the last quarter. Ameriflex Group Inc. bought a new stake in shares of Nano Nuclear Energy during the fourth quarter valued at about $29,000. New York State Common Retirement Fund purchased a new stake in shares of Nano Nuclear Energy in the fourth quarter worth about $30,000. Aster Capital Management DIFC Ltd bought a new position in shares of Nano Nuclear Energy in the fourth quarter valued at approximately $30,000. Finally, IFP Advisors Inc grew its stake in Nano Nuclear Energy by 638.5% during 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 in the last quarter.
About Nano Nuclear Energy
(
Get Free Report)
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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