Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shares saw strong trading volume on Wednesday . 2,694,323 shares were traded during trading, a decline of 9% from the previous session's volume of 2,952,335 shares.The stock last traded at $22.10 and had previously closed at $20.90.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the stock. Benchmark restated a "buy" rating and issued a $39.00 price objective on shares of Nano Nuclear Energy in a research note on Monday, July 15th. HC Wainwright began coverage on Nano Nuclear Energy in a report on Wednesday. They set a "buy" rating and a $50.00 price objective on the stock.
View Our Latest Analysis on NNE
Nano Nuclear Energy Stock Performance
The company has a fifty day moving average price of $14.76.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.17) earnings per share for the quarter.
Institutional Trading of Nano Nuclear Energy
A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Citizens Financial Group Inc. RI acquired a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 86,000 shares of the company's stock, valued at approximately $2,016,000. Citizens Financial Group Inc. RI owned about 0.30% of Nano Nuclear Energy at the end of the most recent reporting period.
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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