Standard Nuclear (NYSE:STDN) Shares Down 10.5% – Should You Sell?

Standard Nuclear, Inc. (NYSE:STDN) traded down 10.5% on Thursday. The stock traded as low as $11.11 and last traded at $11.17. 67,447 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 661,544 shares. The stock had previously closed at $12.48.

Wall Street Analyst Weigh In

STDN has been the topic of several research reports. Wall Street Zen cut shares of Standard Nuclear from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 24th. Royal Bank Of Canada lifted their price objective on shares of Standard Nuclear from $11.00 to $13.00 and gave the company an “outperform” rating in a report on Friday, August 28th. William Blair started coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set an “outperform” rating on the stock. Bank of America initiated coverage on shares of Standard Nuclear in a report on Monday, August 10th. They set a “buy” rating and a $15.00 target price on the stock. Finally, Barclays assumed coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued an “overweight” rating and a $17.00 price target for the company. Nine research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Standard Nuclear presently has an average rating of “Moderate Buy” and an average price target of $16.88.

Standard Nuclear Trading Down 16.2%

The stock’s 50-day moving average price is $12.69. The company has a market capitalization of $1.64 billion and a P/E ratio of -26.15.

Standard Nuclear (NYSE:STDN) last announced its quarterly earnings data on Thursday, November 12th. The company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.03. The company had revenue of $2.25 million for the quarter. On average, equities research analysts anticipate that Standard Nuclear, Inc. will post -0.24 EPS for the current fiscal year.

Standard Nuclear Company Profile

Standard Nuclear is a U.S. advanced nuclear fuel company focused on producing tri-structural isotropic (TRISO) fuel. TRISO fuel uses uranium-bearing particles coated in layers of ceramic and carbon materials, and is designed for use in certain advanced reactor designs. The company acquired fuel-related assets from Ultra Safe Nuclear Corporation, including a manufacturing facility in Oak Ridge, Tennessee. Standard Nuclear is working to develop and scale domestic production of TRISO fuel for advanced reactor developers.