Free Trial

Nano Nuclear Energy (NASDAQ:NNE) Shares Down 5.6% - What's Next?

Nano Nuclear Energy logo with Oils/Energy background

Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s share price dropped 5.6% during trading on Monday . The company traded as low as $18.20 and last traded at $18.30. Approximately 2,485,048 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 2,411,006 shares. The stock had previously closed at $19.39.

Analysts Set New Price Targets

Separately, Benchmark reiterated a "buy" rating and issued a $39.00 target price on shares of Nano Nuclear Energy in a report on Monday, July 15th.

View Our Latest Research Report on NNE

Nano Nuclear Energy Stock Performance

The company has a 50-day moving average price of $11.16.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC acquired a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,665 shares of the company's stock, valued at approximately $250,000.

Nano Nuclear Energy Company Profile

(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.

Read More

Should you invest $1,000 in Nano Nuclear Energy right now?

Before you consider Nano Nuclear Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.

While Nano Nuclear Energy currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines