Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) traded up 9.5% during mid-day trading on Friday . The stock traded as high as $25.84 and last traded at $25.64. 1,562,217 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 4,312,286 shares. The stock had previously closed at $23.41.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on NNE shares. Benchmark boosted their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a "buy" rating in a research note 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.
Check Out Our Latest Research Report on Nano Nuclear Energy
Nano Nuclear Energy Trading Up 5.6 %
The stock has a fifty day simple moving average of $25.55 and a 200-day simple moving average of $19.08.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its quarterly earnings data on Monday, December 30th. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.08. On average, sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Institutional Trading of Nano Nuclear Energy
Large investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in Nano Nuclear Energy during the fourth quarter worth about $345,000. Fulton Bank N.A. bought a new position in shares of Nano Nuclear Energy during the 4th quarter valued at about $213,000. JPMorgan Chase & Co. bought a new position in shares of Nano Nuclear Energy during the 3rd quarter valued at about $25,000. Virtu Financial LLC acquired a new position in shares of Nano Nuclear Energy in the 3rd quarter valued at approximately $933,000. Finally, Barclays PLC bought a new stake in Nano Nuclear Energy during the 3rd quarter worth approximately $76,000.
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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