Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) fell 0.5% on Thursday . The company traded as low as $25.40 and last traded at $26.50. 6,837,852 shares traded hands during trading, an increase of 33% from the average session volume of 5,138,805 shares. The stock had previously closed at $26.62.
Analyst Ratings Changes
Several equities analysts have weighed in on NNE shares. Benchmark raised their target price on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a report on Thursday, November 7th. HC Wainwright reissued a "buy" rating and set a $50.00 price target on shares of Nano Nuclear Energy in a research report on Wednesday, November 27th.
View Our Latest Report on NNE
Nano Nuclear Energy Trading Down 1.0 %
The business has a 50-day moving average price of $21.31 and a 200-day moving average price of $15.79.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in NNE. Barclays PLC bought a new position in shares of Nano Nuclear Energy during the 3rd quarter worth about $76,000. Commonwealth Equity Services LLC bought a new position in shares of Nano Nuclear Energy during the 2nd quarter worth approximately $250,000. XTX Topco Ltd acquired a new stake in Nano Nuclear Energy in the 3rd quarter valued at $305,000. State Street Corp bought a new stake in Nano Nuclear Energy in the third quarter valued at $718,000. Finally, Virtu Financial LLC acquired a new position in Nano Nuclear Energy during the third quarter worth $933,000.
Nano Nuclear Energy Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
