Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.08, Zacks reports.
Nano Nuclear Energy Stock Performance
Shares of NASDAQ NNE opened at $26.92 on Monday. The company has a 50 day simple moving average of $24.15 and a two-hundred day simple moving average of $18.21. Nano Nuclear Energy has a 12 month low of $3.25 and a 12 month high of $37.51.
Analysts Set New Price Targets
NNE has been the subject of several recent analyst reports. Benchmark lifted 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. HC Wainwright restated a “buy” rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a report on Wednesday, November 27th.
Nano Nuclear Energy Company Profile
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.
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