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Nano Nuclear Energy (NASDAQ:NNE) Shares Gap Up - Here's What Happened

Nano Nuclear Energy logo with Oils/Energy background

Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $19.18, but opened at $19.96. Nano Nuclear Energy shares last traded at $20.04, with a volume of 1,061,216 shares traded.

Analysts Set New Price Targets

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

View Our Latest Analysis on Nano Nuclear Energy

Nano Nuclear Energy Price Performance

The business's fifty day simple moving average is $14.17.

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

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 purchased a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 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 filing with the Securities & Exchange Commission.

About Nano Nuclear Energy

(Get Free Report)

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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