Nano Nuclear Energy (NASDAQ:NNE) Given “Buy” Rating at HC Wainwright

Nano Nuclear Energy (NASDAQ:NNE)‘s stock had its “buy” rating reiterated by equities researchers at HC Wainwright in a report released on Wednesday,Benzinga reports. They currently have a $50.00 price objective on the stock. HC Wainwright’s price objective points to a potential upside of 92.16% from the stock’s current price.

Separately, Benchmark increased their target price on Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th.

Nano Nuclear Energy Price Performance

Shares of Nano Nuclear Energy stock opened at $26.02 on Wednesday. Nano Nuclear Energy has a fifty-two week low of $3.25 and a fifty-two week high of $37.51. The business’s fifty day moving average is $19.57 and its two-hundred day moving average is $14.90.

Institutional Trading of Nano Nuclear Energy

Several large investors have recently added to or reduced their stakes in NNE. Virtu Financial LLC acquired a new stake in shares of Nano Nuclear Energy during the third quarter valued at about $933,000. Barclays PLC acquired a new stake in shares of Nano Nuclear Energy during the third quarter valued at about $76,000. Geode Capital Management LLC acquired a new stake in shares of Nano Nuclear Energy during the third quarter valued at about $954,000. XTX Topco Ltd acquired a new stake in shares of Nano Nuclear Energy during the third quarter valued at about $305,000. Finally, State Street Corp acquired a new stake in shares of Nano Nuclear Energy during the third quarter valued at about $718,000.

About Nano Nuclear Energy

NANO Nuclear Energy Inc operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor. It is also developing a high-assay low-enriched uranium fabrication facility to supply fuel to the nuclear reactor industry and fuel transportation and nuclear consultation businesses.