Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price traded up 2% during trading on Monday . The company traded as high as $31.66 and last traded at $30.87. 1,008,042 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 3,842,021 shares. The stock had previously closed at $30.26.
Wall Street Analyst Weigh In
Separately, HC Wainwright reissued a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a research report on Wednesday, January 29th.
Read Our Latest Stock Analysis on Nano Nuclear Energy
Nano Nuclear Energy Trading Down 2.4 %
The firm has a market cap of $1.12 billion and a PE ratio of -73.63. The firm's 50 day simple moving average is $30.96 and its 200 day simple moving average is $24.35.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.09. As a group, equities research analysts predict that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Nano Nuclear Energy
A number of hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its stake in Nano Nuclear Energy by 19.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,076 shares of the company's stock worth $52,000 after acquiring an additional 331 shares in the last quarter. Ameriflex Group Inc. bought a new position in Nano Nuclear Energy in the 4th quarter worth about $29,000. New York State Common Retirement Fund bought a new position in Nano Nuclear Energy in the 4th quarter worth about $30,000. Aster Capital Management DIFC Ltd bought a new position in Nano Nuclear Energy in the 4th quarter worth about $30,000. Finally, IFP Advisors Inc grew its stake in Nano Nuclear Energy by 638.5% in the 4th quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock worth $37,000 after acquiring an additional 1,277 shares in the last quarter.
Nano Nuclear Energy Company Profile
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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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