Nano Nuclear Energy (NASDAQ:NNE) Shares Gap Up – Here’s What Happened

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares gapped up prior to trading on Monday . The stock had previously closed at $17.94, but opened at $18.45. Nano Nuclear Energy shares last traded at $19.05, with a volume of 338,868 shares traded.

Analyst Ratings Changes

Separately, Benchmark reiterated a “buy” rating and issued a $39.00 target price on shares of Nano Nuclear Energy in a report on Monday, July 15th.

Nano Nuclear Energy Trading Down 11.5 %

The company has a 50 day moving average price of $12.08.

Nano Nuclear Energy (NASDAQ:NNE) last announced its earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On Nano Nuclear Energy

An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC bought a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 10,665 shares of the company’s stock, valued at approximately $250,000.

Nano Nuclear Energy Company Profile

NANO Nuclear Energy Inc is an emerging, advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified and vertically integrated company across business lines cutting edge portable microreactor technology, nuclear fuel fabrication, nuclear fuel transportation and nuclear industry consulting services.