Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shares traded up 1.2% on Wednesday . The stock traded as high as $29.82 and last traded at $27.85. 891,553 shares were traded during mid-day trading, a decline of 77% from the average session volume of 3,868,571 shares. The stock had previously closed at $27.53.
Analyst Ratings Changes
Separately, HC Wainwright reaffirmed a "buy" rating and issued a $50.00 target price on shares of Nano Nuclear Energy in a report on Wednesday, January 29th.
Get Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The company's 50-day moving average is $30.68 and its 200-day moving average is $23.51. The firm has a market cap of $1.10 billion and a price-to-earnings ratio of -72.22.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings results 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. On average, analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Institutional Trading of Nano Nuclear Energy
Institutional investors and hedge funds have recently modified their holdings of the stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Nano Nuclear Energy during the 4th quarter worth approximately $299,000. Ameriflex Group Inc. bought a new position in shares of Nano Nuclear Energy during the 4th quarter worth approximately $29,000. Nuveen Asset Management LLC acquired a new stake in shares of Nano Nuclear Energy in the 4th quarter valued at approximately $4,544,000. Millennium Management LLC acquired a new stake in shares of Nano Nuclear Energy in the 4th quarter valued at approximately $1,253,000. Finally, Hudson Bay Capital Management LP acquired a new stake in shares of Nano Nuclear Energy in the 4th quarter valued at approximately $19,642,000.
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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