Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price rose 3.8% on Monday . The stock traded as high as $25.98 and last traded at $25.90. Approximately 1,202,329 shares were traded during trading, a decline of 64% from the average daily volume of 3,353,218 shares. The stock had previously closed at $24.94.
Analyst Upgrades and Downgrades
NNE has been the topic of a number of recent analyst reports. Benchmark increased their price target on Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. HC Wainwright reiterated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research report on Wednesday, November 27th.
Read Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Price Performance
The business has a 50-day simple moving average of $22.62 and a 200-day simple moving average of $16.99.
Institutional Trading of Nano Nuclear Energy
A number of large investors have recently modified their holdings of NNE. Barclays PLC purchased a new position in Nano Nuclear Energy in the third quarter worth approximately $76,000. Commonwealth Equity Services LLC acquired a new stake in shares of Nano Nuclear Energy in the 2nd quarter valued at $250,000. XTX Topco Ltd purchased a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth $305,000. State Street Corp purchased a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth $718,000. Finally, Virtu Financial LLC acquired a new position in shares of Nano Nuclear Energy during the third quarter worth $933,000.
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 Stories
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
