Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) traded up 6.9% on Friday . The company traded as high as $19.84 and last traded at $19.65. 1,508,438 shares were traded during mid-day trading, a decline of 47% from the average session volume of 2,840,035 shares. The stock had previously closed at $18.39.
Analysts Set New Price Targets
Separately, Benchmark reaffirmed a "buy" rating and set a $39.00 target price on shares of Nano Nuclear Energy in a report on Monday, July 15th.
Read Our Latest Research Report on NNE
Nano Nuclear Energy Trading Up 4.3 %
The company has a 50 day simple moving average of $13.96.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.17) earnings per share for the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Commonwealth Equity Services LLC acquired 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 & Exchange Commission. The institutional investor acquired 10,665 shares of the company's stock, valued at approximately $250,000.
Nano Nuclear Energy Company Profile
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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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