Nano Nuclear Energy (NASDAQ:NNE) Posts Earnings Results, Beats Estimates By $0.09 EPS

Nano Nuclear Energy (NASDAQ:NNE) released its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.09, Zacks reports.

Nano Nuclear Energy Trading Down 2.6 %

Shares of NNE stock opened at $33.73 on Friday. The stock has a 50-day moving average price of $29.27 and a 200 day moving average price of $20.78. Nano Nuclear Energy has a 12 month low of $3.25 and a 12 month high of $48.05.

Analyst Ratings Changes

A number of research firms recently issued reports on NNE. Benchmark lifted their price target on Nano Nuclear Energy from $39.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, November 7th. HC Wainwright reiterated a “buy” rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research report on Wednesday, January 29th.

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.