Nano Nuclear Energy (NASDAQ:NNE) Shares Gap Up – What’s Next?

Nano Nuclear Energy Inc. (NASDAQ:NNE)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $20.38, but opened at $21.83. Nano Nuclear Energy shares last traded at $22.60, with a volume of 1,117,982 shares trading hands.

Wall Street Analyst Weigh In

Separately, Benchmark restated a “buy” rating and set a $39.00 price objective on shares of Nano Nuclear Energy in a report on Monday, July 15th.

Nano Nuclear Energy Trading Up 18.8 %

The business has a 50 day moving average of $12.79.

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

Institutional Investors Weigh In On Nano Nuclear Energy

An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC acquired a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 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.