Nano Nuclear Energy Inc. (NASDAQ:NNE – Get Free Report) shares traded up 1.2% during mid-day trading on Wednesday . The stock traded as high as $29.82 and last traded at $27.85. 891,553 shares were traded during mid-day trading, a decline of 77% from the average session volume of 3,868,571 shares. The stock had previously closed at $27.53.
Analysts Set New Price Targets
Separately, HC Wainwright reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Wednesday, January 29th.
Get Our Latest Stock Report on NNE
Nano Nuclear Energy Stock Up 5.2 %
Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.09. Equities research analysts forecast that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Institutional Trading of Nano Nuclear Energy
Institutional investors have recently added to or reduced their stakes in the business. Central Asset Investments & Management Holdings HK Ltd acquired a new stake in Nano Nuclear Energy in the fourth quarter valued at approximately $774,000. Newbridge Financial Services Group Inc. acquired a new stake in Nano Nuclear Energy in the fourth quarter valued at approximately $200,000. Canal Insurance CO acquired a new stake in Nano Nuclear Energy in the fourth quarter valued at approximately $622,000. State Street Corp acquired a new stake in shares of Nano Nuclear Energy in the third quarter worth $718,000. Finally, Powell Investment Advisors LLC acquired a new stake in shares of Nano Nuclear Energy in the fourth quarter worth $602,000.
Nano Nuclear Energy Company Profile
NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.
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