Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price traded up 6.6% on Friday . The company traded as high as $30.23 and last traded at $30.20. 936,130 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 3,849,463 shares. The stock had previously closed at $28.32.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reaffirmed a "buy" rating and set a $50.00 price target on shares of Nano Nuclear Energy in a report on Wednesday, January 29th.
Check Out Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Price Performance
The company has a 50-day moving average of $30.68 and a two-hundred day moving average of $23.51. The company has a market capitalization of $1.12 billion and a PE ratio of -73.89.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. As a group, research analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Institutional Trading of Nano Nuclear Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in NNE. Citizens Financial Group Inc. RI grew its holdings in Nano Nuclear Energy by 747.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company's stock valued at $10,505,000 after buying an additional 643,000 shares in the last quarter. State Street Corp bought a new stake in Nano Nuclear Energy in the 3rd quarter valued at $718,000. XTX Topco Ltd bought a new stake in Nano Nuclear Energy in the 3rd quarter valued at $305,000. Barclays PLC bought a new position in shares of Nano Nuclear Energy during the 3rd quarter valued at about $76,000. Finally, Geode Capital Management LLC purchased a new position in shares of Nano Nuclear Energy during the third quarter valued at about $954,000.
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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