Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) released its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.09, Zacks reports.
Nano Nuclear Energy Stock Performance
Shares of NASDAQ NNE traded down $1.24 during midday trading on Friday, reaching $32.49. 4,339,307 shares of the company were exchanged, compared to its average volume of 7,666,370. The stock’s 50-day moving average price is $29.55 and its 200-day moving average price is $21.00. Nano Nuclear Energy has a one year low of $3.25 and a one year high of $48.05.
Wall Street Analysts Forecast Growth
NNE has been the subject of a number of analyst reports. HC Wainwright reiterated a “buy” rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research report on Wednesday, January 29th. Benchmark lifted 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 note on Thursday, November 7th.
About Nano Nuclear Energy
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.
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