Nano Nuclear Energy (NASDAQ:NNE) Trading 6.5% Higher

Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE) rose 6.5% on Wednesday . The company traded as high as $17.69 and last traded at $17.62. Approximately 2,774,433 shares changed hands during trading, an increase of 18% from the average daily volume of 2,350,768 shares. The stock had previously closed at $16.54.

Analyst Ratings Changes

Separately, Benchmark reiterated a “buy” rating and issued a $39.00 price target on shares of Nano Nuclear Energy in a research note on Monday, July 15th.

Nano Nuclear Energy Stock Up 6.6 %

The business’s fifty day moving average is $10.97.

Nano Nuclear Energy (NASDAQ:NNE) last posted its earnings results on Wednesday, August 14th. The company reported ($0.17) EPS for the quarter.

Institutional Trading of Nano Nuclear Energy

An institutional investor recently bought a new position in Nano Nuclear Energy stock. Citizens Financial Group Inc. RI bought a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 86,000 shares of the company’s stock, valued at approximately $2,016,000. Citizens Financial Group Inc. RI owned 0.30% of Nano Nuclear Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

Nano Nuclear Energy Company Profile

NANO Nuclear Energy Inc is an emerging, advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified and vertically integrated company across business lines cutting edge portable microreactor technology, nuclear fuel fabrication, nuclear fuel transportation and nuclear industry consulting services.