Nano Nuclear Energy (NASDAQ:NNE) Releases Earnings Results

Nano Nuclear Energy (NASDAQ:NNE) posted its earnings results on Thursday. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.09, Zacks reports.

Nano Nuclear Energy Price Performance

NNE stock traded down $1.24 during midday trading on Friday, hitting $32.49. The stock had a trading volume of 4,339,307 shares, compared to its average volume of 7,666,370. Nano Nuclear Energy has a 1-year low of $3.25 and a 1-year high of $48.05. The business has a fifty day moving average price of $29.55 and a two-hundred day moving average price of $21.00.

Analyst Ratings Changes

NNE has been the topic of several analyst reports. HC Wainwright reissued a “buy” rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Wednesday, January 29th. Benchmark boosted their price objective on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

Nano Nuclear Energy Company Profile

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.