Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) was up 6.3% during mid-day trading on Monday . The stock traded as high as $32.24 and last traded at $32.08. Approximately 1,148,239 shares changed hands during trading, a decline of 77% from the average daily volume of 5,052,126 shares. The stock had previously closed at $30.19.
Analyst Ratings Changes
Separately, HC Wainwright restated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research report on Wednesday, January 29th.
Get Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Trading Down 5.2 %
The stock's 50 day moving average is $31.68 and its 200 day moving average is $25.23. The firm has a market cap of $992.44 million and a price-to-earnings ratio of -65.29.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter, topping analysts' consensus estimates of ($0.18) by $0.09. On average, equities research analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Institutional Investors Weigh In On Nano Nuclear Energy
Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in Nano Nuclear Energy by 19.0% during the fourth quarter. JPMorgan Chase & Co. now owns 2,076 shares of the company's stock worth $52,000 after purchasing an additional 331 shares during the last quarter. Ameriflex Group Inc. bought a new position in shares of Nano Nuclear Energy in the fourth quarter worth approximately $29,000. New York State Common Retirement Fund bought a new stake in Nano Nuclear Energy in the 4th quarter worth $30,000. Aster Capital Management DIFC Ltd purchased a new position in Nano Nuclear Energy during the 4th quarter valued at about $30,000. Finally, IFP Advisors Inc raised its holdings in shares of 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.
Nano Nuclear Energy Company Profile
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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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