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Nano Nuclear Energy (NASDAQ:NNE) Shares Gap Up - Should You Buy?

Nano Nuclear Energy logo with Oils/Energy background

Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $17.94, but opened at $18.45. Nano Nuclear Energy shares last traded at $19.05, with a volume of 338,868 shares.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on Nano Nuclear Energy

Nano Nuclear Energy Trading Down 2.0 %

The business has a 50 day moving average of $11.76.

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

Institutional Trading of Nano Nuclear Energy

A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Commonwealth Equity Services LLC bought a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,665 shares of the company's stock, valued at approximately $250,000.

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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