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Nano Nuclear Energy (NASDAQ:NNE) Shares Gap Down - Should You Sell?

Nano Nuclear Energy logo with Oils/Energy background

Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $21.45, but opened at $19.57. Nano Nuclear Energy shares last traded at $18.84, with a volume of 1,932,690 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Benchmark reaffirmed a "buy" rating and issued a $39.00 price target on shares of Nano Nuclear Energy in a research report on Monday, July 15th.

Get Our Latest Stock Analysis on Nano Nuclear Energy

Nano Nuclear Energy Stock Performance

The business has a 50-day moving average price of $12.35.

Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.17) EPS for the quarter.

Hedge Funds Weigh In On Nano Nuclear Energy

An institutional investor recently bought a new position in Nano Nuclear Energy stock. Citizens Financial Group Inc. RI acquired a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 86,000 shares of the company's stock, valued at approximately $2,016,000. Citizens Financial Group Inc. RI owned about 0.30% of Nano Nuclear Energy as of its most recent filing with the SEC.

About Nano Nuclear Energy

(Get Free Report)

NANO Nuclear Energy Inc is an emerging, advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified and vertically integrated company across business lines cutting edge portable microreactor technology, nuclear fuel fabrication, nuclear fuel transportation and nuclear industry consulting services.

Further Reading

Should you invest $1,000 in Nano Nuclear Energy right now?

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