Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $19.26, but opened at $17.94. Nano Nuclear Energy shares last traded at $17.40, with a volume of 1,546,578 shares trading hands.
Analyst Ratings Changes
A number of research analysts have recently issued reports on NNE shares. Benchmark restated a "buy" rating and issued a $39.00 price target on shares of Nano Nuclear Energy in a research report on Monday, July 15th. HC Wainwright assumed coverage on shares of Nano Nuclear Energy in a research report on Wednesday, October 30th. They set a "buy" rating and a $50.00 price target on the stock.
Read Our Latest Analysis on NNE
Nano Nuclear Energy Stock Performance
The firm has a 50-day moving average of $15.13.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share for the quarter. On average, equities research analysts predict that Nano Nuclear Energy Inc. will post -0.46 earnings per share for the current year.
Hedge Funds Weigh In On Nano Nuclear Energy
A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Citizens Financial Group Inc. RI bought a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 86,000 shares of the company's stock, valued at approximately $2,016,000. Citizens Financial Group Inc. RI owned approximately 0.30% of Nano Nuclear Energy as of its most recent SEC filing.
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.
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