Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) were up 1.4% during mid-day trading on Thursday . The stock traded as high as $25.10 and last traded at $23.41. Approximately 1,596,396 shares changed hands during trading, a decline of 48% from the average daily volume of 3,085,286 shares. The stock had previously closed at $23.09.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the stock. Benchmark upped their price objective on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. HC Wainwright initiated coverage on shares of Nano Nuclear Energy in a research note on Wednesday, October 30th. They set a "buy" rating and a $50.00 price objective for the company.
Check Out Our Latest Research Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The stock's 50 day moving average is $16.85.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.17) EPS for the quarter. As a group, equities analysts predict that Nano Nuclear Energy Inc. will post -0.46 EPS for the current fiscal year.
Institutional Investors Weigh In On Nano Nuclear Energy
An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC bought a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,665 shares of the company's stock, valued at approximately $250,000.
About Nano Nuclear Energy
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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.
Further Reading
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