Eagle Nuclear Energy (NASDAQ:NUCL) Stock Price Up 0.4% – Should You Buy?

Eagle Nuclear Energy Corp (NASDAQ:NUCL)’s stock price was up 0.4% during mid-day trading on Monday . The stock traded as high as $7.99 and last traded at $7.80. Approximately 298,214 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 512,940 shares. The stock had previously closed at $7.77.

Eagle Nuclear Energy Trading Down 0.9%

The company has a market capitalization of $229.84 million, a price-to-earnings ratio of -8.18 and a beta of 0.32. The company’s 50 day simple moving average is $8.00.

Eagle Nuclear Energy (NASDAQ:NUCL) last announced its earnings results on Monday, July 20th. The nuclear energy company reported ($0.87) earnings per share for the quarter.

Institutional Trading of Eagle Nuclear Energy

A hedge fund recently bought a new position in Eagle Nuclear Energy stock. BlackRock Inc. acquired a new position in shares of Eagle Nuclear Energy Corp (NASDAQ:NUCL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 224,022 shares of the nuclear energy company’s stock, valued at approximately $2,153,000. BlackRock Inc. owned about 0.76% of Eagle Nuclear Energy as of its most recent SEC filing. Institutional investors own 89.78% of the company’s stock.

Eagle Nuclear Energy Company Profile

Eagle Nuclear Energy Corp. operates as a mining and exploration company focused on mineral exploration and development in North America. The company is a nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology. It also develops modular nuclear reactors to provide power for industrial and grid applications. The company was founded in 2023 and is headquartered in Reno, Nevada.