State Street Corp Purchases New Position in Nano Nuclear Energy Inc. (NASDAQ:NNE)

State Street Corp acquired a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 49,800 shares of the company’s stock, valued at approximately $718,000.

Separately, Citizens Financial Group Inc. RI boosted its holdings in shares of Nano Nuclear Energy by 747.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company’s stock valued at $10,505,000 after buying an additional 643,000 shares in the last quarter.

Nano Nuclear Energy Trading Down 3.9 %

Shares of NASDAQ:NNE opened at $23.93 on Friday. The stock has a fifty day simple moving average of $24.34 and a two-hundred day simple moving average of $18.53. Nano Nuclear Energy Inc. has a 12-month low of $3.25 and a 12-month high of $37.51.

Nano Nuclear Energy (NASDAQ:NNE) last announced its quarterly earnings results on Monday, December 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.08. Research analysts predict that Nano Nuclear Energy Inc. will post -0.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

NNE has been the subject of several research reports. HC Wainwright reiterated a “buy” rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research note on Wednesday, November 27th. Benchmark upped their price objective on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a “buy” rating in a report on Thursday, November 7th.

Nano Nuclear Energy 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.