Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) rose 1.4% during mid-day trading on Tuesday . The company traded as high as $29.03 and last traded at $28.00. Approximately 3,278,877 shares were traded during trading, a decline of 36% from the average daily volume of 5,129,052 shares. The stock had previously closed at $27.61.
Wall Street Analysts Forecast Growth
NNE has been the topic of several research reports. HC Wainwright reissued a "buy" rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research note on Wednesday, November 27th. Benchmark raised their target price on Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th.
Check Out Our Latest Research Report on Nano Nuclear Energy
Nano Nuclear Energy Trading Up 1.4 %
The business's 50-day simple moving average is $20.50 and its 200-day simple moving average is $15.39.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the company. Barclays PLC purchased a new stake in shares of Nano Nuclear Energy during the third quarter valued at approximately $76,000. Commonwealth Equity Services LLC acquired a new stake in shares of Nano Nuclear Energy during the 2nd quarter worth approximately $250,000. XTX Topco Ltd acquired a new position in shares of Nano Nuclear Energy during the third quarter valued at $305,000. State Street Corp acquired a new position in Nano Nuclear Energy during the 3rd quarter valued at about $718,000. Finally, Virtu Financial LLC bought a new position in Nano Nuclear Energy in the 3rd quarter worth approximately $933,000.
About Nano Nuclear Energy
(
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.
Featured Articles
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
