Standard Nuclear (NYSE:STDN) Shares Up 12.1% – Time to Buy?

Standard Nuclear, Inc. (NYSE:STDN)’s stock price rose 12.1% during trading on Tuesday. The stock traded as high as $14.87 and last traded at $14.59. 732,256 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 845,564 shares. The stock had previously closed at $13.01.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Bank of America initiated coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set a “buy” rating and a $15.00 price target on the stock. Stifel Nicolaus set a $17.00 target price on Standard Nuclear in a research report on Friday, August 28th. Wall Street Zen lowered Standard Nuclear from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Zacks Research upgraded Standard Nuclear to a “hold” rating in a report on Thursday, August 20th. Finally, UBS Group boosted their target price on shares of Standard Nuclear from $14.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, September 1st. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.88.

Standard Nuclear Trading Up 12.1%

The stock has a fifty day moving average price of $12.06.

Standard Nuclear (NYSE:STDN) last issued its earnings results on Thursday, August 27th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.08). The business had revenue of $1.64 million during the quarter, compared to analyst estimates of $2.97 million. Analysts predict that Standard Nuclear, Inc. will post -0.43 EPS for the current fiscal year.

Standard Nuclear Company Profile

Standard Nuclear, Inc (NYSE: STDN) is a U.S.-based nuclear fuel company focused on the development and production of advanced fuels for next-generation reactors. Its activities center on specialized fuel technologies intended to support the deployment of advanced nuclear power systems.

The company’s principal focus includes TRISO fuel, a form of coated particle fuel designed for high-temperature gas-cooled reactors and certain microreactor applications. Standard Nuclear is working to establish commercial-scale fuel manufacturing capabilities and support the broader advanced nuclear supply chain.

Standard Nuclear’s operations are primarily oriented toward the U.S.