Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report)'s stock price traded down 6.3% on Thursday . The stock traded as low as $17.85 and last traded at $18.61. 3,891,527 shares were traded during mid-day trading, an increase of 38% from the average session volume of 2,813,439 shares. The stock had previously closed at $19.87.
Analyst Ratings Changes
Separately, Benchmark reiterated a "buy" rating and issued a $39.00 target price on shares of Nano Nuclear Energy in a research report on Monday, July 15th.
View Our Latest Research Report on NNE
Nano Nuclear Energy Stock Performance
The company's fifty day moving average is $13.76.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share (EPS) for the quarter.
Hedge Funds Weigh In On Nano Nuclear Energy
An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC purchased a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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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