Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shot up 2.7% during mid-day trading on Tuesday . The stock traded as high as $22.12 and last traded at $20.94. 1,828,086 shares were traded during mid-day trading, a decline of 60% from the average session volume of 4,583,621 shares. The stock had previously closed at $20.39.
Wall Street Analysts Forecast Growth
Several research firms recently commented on NNE. HC Wainwright reissued a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research note on Wednesday, November 27th. Benchmark lifted 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.
Read Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
The company has a 50 day simple moving average of $25.44 and a 200 day simple moving average of $19.03.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings data on Monday, December 30th. The company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.08. As a group, equities research analysts predict that Nano Nuclear Energy Inc. will post -0.46 earnings per share for the current year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new position in Nano Nuclear Energy during the third quarter worth about $25,000. Barclays PLC purchased a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth about $76,000. Fulton Bank N.A. acquired a new stake in shares of Nano Nuclear Energy in the fourth quarter worth $213,000. Commonwealth Equity Services LLC purchased a new stake in shares of Nano Nuclear Energy during the second quarter valued at approximately $250,000. Finally, XTX Topco Ltd acquired a new stake in shares of Nano Nuclear Energy during the third quarter valued at about $305,000.
About Nano Nuclear Energy
(
Get Free Report)
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.
Featured Articles
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
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
