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

Eagle Nuclear Energy Corp (NASDAQ:NUCL)’s share price traded up 0.4% during trading on Monday . The company traded as high as $7.99 and last traded at $7.80. Approximately 298,214 shares were traded during 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 Trading Up 0.4%

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

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Eagle Nuclear Energy stock. BlackRock Inc. purchased a new position in shares of Eagle Nuclear Energy Corp (NASDAQ:NUCL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 224,022 shares of the nuclear energy company’s stock, valued at approximately $2,153,000. BlackRock Inc. owned 0.76% of Eagle Nuclear Energy as of its most recent SEC filing. Institutional investors and hedge funds own 89.78% of the company’s stock.

About Eagle Nuclear Energy

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.