Barclays PLC Invests $76,000 in Nano Nuclear Energy Inc. (NASDAQ:NNE)

Barclays PLC purchased a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,304 shares of the company’s stock, valued at approximately $76,000.

Several other large investors have also recently added to or reduced their stakes in NNE. XTX Topco Ltd acquired a new position in shares of Nano Nuclear Energy during the 3rd quarter worth $305,000. State Street Corp acquired a new position in Nano Nuclear Energy during the third quarter worth about $718,000. Geode Capital Management LLC purchased a new position in Nano Nuclear Energy in the third quarter valued at about $954,000. Finally, Citizens Financial Group Inc. RI lifted its position in shares of Nano Nuclear Energy by 747.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company’s stock valued at $10,505,000 after acquiring an additional 643,000 shares during the period.

Analyst Ratings Changes

NNE has been the topic of a number of research reports. HC Wainwright reissued a “buy” rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Wednesday, November 27th. Benchmark raised their price objective on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

Nano Nuclear Energy Price Performance

NNE opened at $44.51 on Friday. Nano Nuclear Energy Inc. has a 1 year low of $3.25 and a 1 year high of $48.05. The firm has a 50 day moving average price of $26.50 and a 200 day moving average price of $19.30.

Nano Nuclear Energy (NASDAQ:NNE) last released its quarterly earnings results on Monday, December 30th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.08. As a group, analysts forecast that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.

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.