Nano Nuclear Energy Inc. (NASDAQ:NNE – Get Free Report) shares were up 2.6% during mid-day trading on Tuesday . The company traded as high as $17.90 and last traded at $17.23. Approximately 897,520 shares were traded during trading, a decline of 70% from the average daily volume of 2,987,222 shares. The stock had previously closed at $16.80.
Analyst Ratings Changes
Several equities analysts have issued reports on NNE shares. Benchmark reiterated a “buy” rating and issued a $39.00 target price on shares of Nano Nuclear Energy in a research note on Monday, July 15th. HC Wainwright began coverage on shares of Nano Nuclear Energy in a report on Wednesday, October 30th. They issued a “buy” rating and a $50.00 price objective for the company.
Read Our Latest Stock Report on NNE
Nano Nuclear Energy Price Performance
Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) last posted its earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share for the quarter. As a group, research analysts predict that Nano Nuclear Energy Inc. will post -0.46 EPS for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Citizens Financial Group Inc. RI bought a new stake 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 firm bought 86,000 shares of the company’s stock, valued at approximately $2,016,000. Citizens Financial Group Inc. RI owned approximately 0.30% of Nano Nuclear Energy as of its most recent SEC filing.
About Nano Nuclear Energy
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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