3,410 Shares in Nano Nuclear Energy Inc. (NASDAQ:NNE) Acquired by Rothschild Investment LLC

Rothschild Investment LLC purchased a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 3,410 shares of the company’s stock, valued at approximately $85,000.

Several other hedge funds have also added to or reduced their stakes in the company. Citizens Financial Group Inc. RI raised its holdings in Nano Nuclear Energy by 747.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company’s stock valued at $10,505,000 after acquiring an additional 643,000 shares in the last quarter. State Street Corp acquired a new position in Nano Nuclear Energy in the 3rd quarter valued at $718,000. XTX Topco Ltd acquired a new position in Nano Nuclear Energy in the 3rd quarter valued at $305,000. Barclays PLC acquired a new position in Nano Nuclear Energy in the 3rd quarter valued at $76,000. Finally, Geode Capital Management LLC acquired a new position in Nano Nuclear Energy in the 3rd quarter valued at $954,000.

Nano Nuclear Energy Stock Performance

Shares of NNE opened at $29.64 on Thursday. Nano Nuclear Energy Inc. has a 52-week low of $3.25 and a 52-week high of $48.05. The business’s fifty day moving average is $30.36 and its 200-day moving average is $22.21. The firm has a market cap of $1.10 billion and a price-to-earnings ratio of -72.29.

Nano Nuclear Energy (NASDAQ:NNE) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.09. As a group, research analysts forecast that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.

Analyst Ratings Changes

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

Nano Nuclear Energy 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.