Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) was up 4.7% during mid-day trading on Friday . The stock traded as high as $21.09 and last traded at $20.47. Approximately 1,480,661 shares traded hands during trading, a decline of 50% from the average daily volume of 2,979,906 shares. The stock had previously closed at $19.56.
Analysts Set New Price Targets
Several equities analysts have issued reports on NNE shares. HC Wainwright started coverage on Nano Nuclear Energy in a research report on Wednesday. They set a "buy" rating and a $50.00 target price on the stock. Benchmark reiterated a "buy" rating and set a $39.00 target price on shares of Nano Nuclear Energy in a research report on Monday, July 15th.
View Our Latest Stock Report on NNE
Nano Nuclear Energy Price Performance
The firm has a 50 day moving average of $14.94.
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.
Institutional Investors Weigh In On Nano Nuclear Energy
An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC acquired a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,665 shares of the company's stock, valued at approximately $250,000.
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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