Standard Nuclear (NYSE:STDN) Trading Down 9.7% – What’s Next?

Standard Nuclear, Inc. (NYSE:STDN) was down 9.7% on Tuesday . The company traded as low as $13.10 and last traded at $13.27. 292,487 shares traded hands during trading, a decline of 71% from the average daily volume of 995,926 shares. The stock had previously closed at $14.70.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on STDN shares. Stifel Nicolaus set a $17.00 price objective on Standard Nuclear in a research note on Friday, August 28th. William Blair assumed coverage on Standard Nuclear in a research note on Monday, August 10th. They issued an “outperform” rating on the stock. Wall Street Zen downgraded Standard Nuclear from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Barclays initiated coverage on Standard Nuclear in a research report on Monday, August 10th. They issued an “overweight” rating and a $17.00 price target for the company. Finally, Royal Bank Of Canada upped their price target on shares of Standard Nuclear from $11.00 to $13.00 and gave the stock an “outperform” rating in a research note on Friday, August 28th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $16.71.

Standard Nuclear Stock Performance

Standard Nuclear (NYSE:STDN) last released its quarterly earnings data on Thursday, August 27th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.08). The company had revenue of $1.64 million during the quarter, compared to the consensus estimate of $2.97 million. On average, equities analysts expect that Standard Nuclear, Inc. will post -0.43 EPS for the current year.

Standard Nuclear Company Profile

Standard Nuclear Inc operates as a nuclear fuel company principally in the United States. It engages in design, engineer and manufacturing of advanced nuclear fuels with a primary focus on TRISO fuel that is utilized by advanced reactors. Standard Nuclear Inc is based in Oak Ridge, Tennessee.