Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) fell 1.7% during mid-day trading on Friday . The stock traded as low as $29.51 and last traded at $30.41. 310,724 shares changed hands during trading, a decline of 92% from the average session volume of 3,802,658 shares. The stock had previously closed at $30.92.
Analyst Upgrades and Downgrades
Separately, HC Wainwright restated a "buy" rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research note on Wednesday, January 29th.
Get Our Latest Research Report on NNE
Nano Nuclear Energy Trading Up 5.8 %
The business has a 50-day moving average price of $30.96 and a 200-day moving average price of $24.57. The stock has a market cap of $1.18 billion and a PE ratio of -77.87.
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 (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.09. Equities analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Hedge Funds Weigh In On Nano Nuclear Energy
A number of hedge funds have recently made changes to their positions in the company. State Street Corp purchased a new stake in shares of Nano Nuclear Energy during the third quarter worth approximately $718,000. XTX Topco Ltd acquired a new stake in Nano Nuclear Energy during the 3rd quarter worth $305,000. Barclays PLC acquired a new stake in shares of Nano Nuclear Energy in the third quarter valued at about $76,000. Geode Capital Management LLC purchased a new position in shares of Nano Nuclear Energy in the third quarter worth about $954,000. Finally, Virtu Financial LLC acquired a new position in Nano Nuclear Energy during the third quarter worth about $933,000.
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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