Eagle Nuclear Energy (NASDAQ:NUCL) Trading 0.4% Higher – Still a Buy?

Eagle Nuclear Energy Corp (NASDAQ:NUCL)’s share price traded up 0.4% during trading on Monday . The stock traded as high as $7.99 and last traded at $7.80. 298,214 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 512,940 shares. The stock had previously closed at $7.77.

Eagle Nuclear Energy Stock Up 0.4%

The business has a 50 day moving average price of $8.00. The firm has a market capitalization of $230.72 million, a PE ratio of -8.21 and a beta of 0.32.

Eagle Nuclear Energy (NASDAQ:NUCL) last posted its quarterly earnings data on Monday, July 20th. The nuclear energy company reported ($0.87) EPS for the quarter.

Hedge Funds Weigh In On Eagle Nuclear Energy

A hedge fund recently bought a new stake in Eagle Nuclear Energy stock. BlackRock Inc. purchased a new stake in Eagle Nuclear Energy Corp (NASDAQ:NUCL) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 224,022 shares of the nuclear energy company’s stock, valued at approximately $2,153,000. BlackRock Inc. owned about 0.76% of Eagle Nuclear Energy as of its most recent SEC filing. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Eagle Nuclear Energy Company Profile

Eagle Nuclear Energy Corp. operates as a mining and exploration company focused on mineral exploration and development in North America. The company is a nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology. It also develops modular nuclear reactors to provide power for industrial and grid applications. The company was founded in 2023 and is headquartered in Reno, Nevada.