Nano Nuclear Energy’s (NNE) Buy Rating Reiterated at HC Wainwright

HC Wainwright reiterated their buy rating on shares of Nano Nuclear Energy (NASDAQ:NNE) in a report published on Wednesday morning,Benzinga reports. HC Wainwright currently has a $50.00 target price on the stock.

Separately, Benchmark raised their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a “buy” rating in a research note on Thursday, November 7th.

Nano Nuclear Energy Trading Up 3.1 %

Shares of NASDAQ NNE opened at $27.61 on Wednesday. The company has a 50 day simple moving average of $20.50 and a 200 day simple moving average of $15.23. Nano Nuclear Energy has a 1 year low of $3.25 and a 1 year high of $37.51.

Hedge Funds Weigh In On Nano Nuclear Energy

A number of hedge funds have recently made changes to their positions in the stock. Citizens Financial Group Inc. RI boosted its position in shares of Nano Nuclear Energy by 747.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company’s stock valued at $10,505,000 after purchasing an additional 643,000 shares in the last quarter. Geode Capital Management LLC acquired a new position in Nano Nuclear Energy in the third quarter valued at approximately $954,000. Virtu Financial LLC bought a new position in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $933,000. State Street Corp acquired a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $718,000. Finally, XTX Topco Ltd bought a new stake in shares of Nano Nuclear Energy in the 3rd quarter valued at $305,000.

Nano Nuclear Energy Company Profile

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.