Nano Nuclear Energy Inc. (NASDAQ:NNE – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 4,551,156 shares traded hands during mid-day trading, an increase of 44% from the previous session’s volume of 3,170,094 shares.The stock last traded at $28.09 and had previously closed at $29.25.
Analyst Ratings Changes
A number of research analysts recently weighed in on the company. HC Wainwright initiated coverage on Nano Nuclear Energy in a report on Wednesday, October 30th. They set a “buy” rating and a $50.00 target price on the stock. Benchmark increased their price objective on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a “buy” rating in a research report on Thursday, November 7th.
View Our Latest Stock Report on NNE
Nano Nuclear Energy Trading Up 14.9 %
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Barclays PLC bought a new position in shares of Nano Nuclear Energy during the third quarter worth approximately $76,000. Commonwealth Equity Services LLC acquired a new stake in Nano Nuclear Energy during the second quarter worth approximately $250,000. XTX Topco Ltd bought a new position in Nano Nuclear Energy during the 3rd quarter worth $305,000. State Street Corp acquired a new position in Nano Nuclear Energy in the 3rd quarter valued at $718,000. Finally, Virtu Financial LLC bought a new stake in shares of Nano Nuclear Energy during the 3rd quarter valued at $933,000.
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.
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