Citizens Financial Group Inc. RI Acquires 643,000 Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE)

Citizens Financial Group Inc. RI boosted its stake in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE) by 747.7% in the third quarter, HoldingsChannel reports. The firm owned 729,000 shares of the company’s stock after purchasing an additional 643,000 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Nano Nuclear Energy were worth $10,505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Commonwealth Equity Services LLC acquired a new position in shares of Nano Nuclear Energy in the second quarter valued at about $250,000.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NNE shares. Benchmark boosted their price target on Nano Nuclear Energy from $39.00 to $66.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. HC Wainwright assumed coverage on shares of Nano Nuclear Energy in a research report on Wednesday, October 30th. They set a “buy” rating and a $50.00 price objective for the company.

Nano Nuclear Energy Price Performance

NNE opened at $23.15 on Thursday. The company’s 50 day moving average price is $18.33 and its two-hundred day moving average price is $14.29. Nano Nuclear Energy Inc. has a fifty-two week low of $3.25 and a fifty-two week high of $37.51.

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.