Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price rose 4% on Monday . The stock traded as high as $37.20 and last traded at $36.71. Approximately 2,892,438 shares were traded during trading, a decline of 60% from the average daily volume of 7,257,211 shares. The stock had previously closed at $35.29.
Analyst Ratings Changes
NNE has been the topic of a number of analyst reports. HC Wainwright restated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research note on Wednesday, January 29th. Benchmark lifted their target price on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research note on Thursday, November 7th.
Get Our Latest Analysis on NNE
Nano Nuclear Energy Stock Performance
The business's 50 day moving average is $29.55 and its two-hundred day moving average is $21.00.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. As a group, research analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Institutional Trading of Nano Nuclear Energy
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in Nano Nuclear Energy by 19.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,076 shares of the company's stock valued at $52,000 after acquiring an additional 331 shares during the last quarter. New York State Common Retirement Fund bought a new stake in Nano Nuclear Energy in the 4th quarter valued at $30,000. Aster Capital Management DIFC Ltd bought a new stake in Nano Nuclear Energy in the 4th quarter valued at $30,000. IFP Advisors Inc increased its holdings in Nano Nuclear Energy by 638.5% in the 4th quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock valued at $37,000 after acquiring an additional 1,277 shares during the last quarter. Finally, Barclays PLC increased its holdings in Nano Nuclear Energy by 27.6% in the 4th quarter. Barclays PLC now owns 6,767 shares of the company's stock valued at $168,000 after acquiring an additional 1,463 shares during the last quarter.
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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