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
(
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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.
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