Citizens Financial Group Inc. RI Purchases 643,000 Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE)

Citizens Financial Group Inc. RI increased its holdings in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE) by 747.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 729,000 shares of the company’s stock after acquiring an additional 643,000 shares during the period. Citizens Financial Group Inc. RI owned about 2.26% of Nano Nuclear Energy worth $10,505,000 at the end of the most recent quarter.

Separately, Commonwealth Equity Services LLC bought a new position in Nano Nuclear Energy in the second quarter valued at about $250,000.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Benchmark raised their price target 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 began coverage on Nano Nuclear Energy in a report on Wednesday, October 30th. They set a “buy” rating and a $50.00 target price on the stock.

Nano Nuclear Energy Stock Down 8.4 %

NASDAQ:NNE opened at $23.15 on Thursday. The stock’s 50-day simple moving average is $18.33 and its 200 day simple moving average is $14.29. Nano Nuclear Energy Inc. has a 52-week low of $3.25 and a 52-week high of $37.51.

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.