Nano Nuclear Energy (NASDAQ:NNE) Shares Gap Down – Here’s What Happened
by Tristan Rich · The Markets DailyNano Nuclear Energy Inc. (NASDAQ:NNE – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $23.55, but opened at $22.53. Nano Nuclear Energy shares last traded at $23.77, with a volume of 1,110,704 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Benchmark reaffirmed a “buy” rating and issued a $39.00 price target on shares of Nano Nuclear Energy in a research note on Monday, July 15th.
Check Out Our Latest Analysis on NNE
Nano Nuclear Energy Stock Performance
The company has a fifty day moving average of $13.76.
Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share (EPS) for the quarter.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC bought a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,665 shares of the company’s stock, valued at approximately $250,000.
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.
Read More
- Five stocks we like better than Nano Nuclear Energy
- How to Invest in the FAANG Stocks
- Maximize Portfolio Income with These 3 Dividend ETFs
- What is a Secondary Public Offering? What Investors Need to Know
- Talen Energy: A Nuclear Power Stock That Can Keep Winning
- 10 Best Airline Stocks to Buy
- Rocket Lab Stock Soars Higher: Can It Keep Climbing?