Deep Fission (NASDAQ:FISN) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Deep Fission (NASDAQ:FISN) from a hold rating to a sell rating in a research note released on Saturday,Wall Street Zen reports.

Several other analysts have also commented on FISN. Weiss Ratings began coverage on shares of Deep Fission in a research report on Monday, September 14th. They set a “sell (e-)” rating on the stock. Zacks Research upgraded Deep Fission to a “hold” rating in a research report on Wednesday, August 5th. Seaport Research Partners started coverage on Deep Fission in a report on Tuesday, August 4th. They issued a “buy” rating and a $25.00 price objective on the stock. Benchmark assumed coverage on Deep Fission in a research report on Monday, July 13th. They issued a “buy” rating and a $20.00 price objective for the company. Finally, Maxim Group began coverage on Deep Fission in a research note on Monday, August 31st. They set a “buy” rating and a $17.00 target price for the company. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $18.20.

Deep Fission Stock Performance

Shares of NASDAQ:FISN opened at $5.42 on Friday. Deep Fission has a twelve month low of $5.40 and a twelve month high of $19.00. The stock has a 50 day simple moving average of $8.07.

Deep Fission (NASDAQ:FISN) last issued its earnings results on Monday, August 3rd. The company reported ($0.56) earnings per share (EPS) for the quarter. On average, analysts forecast that Deep Fission will post -2.04 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FISN. Elevation Wealth Management LLC purchased a new position in Deep Fission in the 2nd quarter valued at about $3,294,000. Chapin Davis Inc. acquired a new stake in Deep Fission in the 2nd quarter worth about $210,000. Finally, Blue Owl Capital Holdings LP purchased a new stake in Deep Fission during the 2nd quarter worth approximately $14,720,000.

About Deep Fission

Deep Fission Inc develops and deploys small modular nuclear reactors placed deep underground to generate electricity. Deep Fission Inc is based in Berkeley, California.