Nano Nuclear Energy (NASDAQ:NNE) Posts Earnings Results, Beats Expectations By $0.09 EPS

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 Trading Down 3.7 %

NASDAQ:NNE opened at $32.49 on Friday. Nano Nuclear Energy has a 52 week low of $3.25 and a 52 week high of $48.05. The firm has a 50-day moving average price of $29.44 and a two-hundred day moving average price of $20.87.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Benchmark increased their price objective on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. HC Wainwright reiterated a “buy” rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Wednesday, January 29th.

About Nano Nuclear Energy

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.