Nano Nuclear Energy Inc. (NASDAQ:NNE – Get Free Report) shares shot up 2.6% during trading on Tuesday . The stock traded as high as $17.90 and last traded at $17.23. 897,520 shares were traded during trading, a decline of 70% from the average session volume of 2,987,222 shares. The stock had previously closed at $16.80.
Wall Street Analyst Weigh In
NNE has been the topic of a number of recent analyst reports. Benchmark restated a “buy” rating and set a $39.00 target price on shares of Nano Nuclear Energy in a report on Monday, July 15th. HC Wainwright started coverage on shares of Nano Nuclear Energy in a research note on Wednesday, October 30th. They issued a “buy” rating and a $50.00 target price for the company.
Check Out Our Latest Analysis on NNE
Nano Nuclear Energy Trading Up 6.3 %
Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.17) earnings per share (EPS) for the quarter. On average, equities analysts anticipate that Nano Nuclear Energy Inc. will post -0.46 EPS for the current fiscal year.
Institutional Trading of Nano Nuclear Energy
A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Citizens Financial Group Inc. RI bought a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 filing with the Securities and Exchange Commission (SEC).
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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