Standard Nuclear (NYSE:STDN) Cut to Strong Sell at Wall Street Zen

Wall Street Zen lowered shares of Standard Nuclear (NYSE:STDN) from a sell rating to a strong sell rating in a research report sent to investors on Saturday,Wall Street Zen reports.

A number of other brokerages also recently issued reports on STDN. Bank of America assumed coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $15.00 price objective on the stock. Weiss Ratings assumed coverage on shares of Standard Nuclear in a research report on Monday, October 12th. They issued a “sell (d)” rating for the company. Stifel Nicolaus set a $17.00 target price on shares of Standard Nuclear in a research report on Friday, August 28th. Zacks Research raised shares of Standard Nuclear to a “hold” rating in a report on Thursday, August 20th. Finally, William Blair initiated coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set an “outperform” rating on the stock. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $16.88.

Standard Nuclear Stock Performance

NYSE:STDN opened at $12.23 on Friday. Standard Nuclear has a 52 week low of $7.05 and a 52 week high of $17.34. The business’s 50-day simple moving average is $13.01.

Standard Nuclear (NYSE:STDN) last released its earnings results on Thursday, August 27th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). The firm had revenue of $1.64 million during the quarter, compared to analysts’ expectations of $2.97 million. Equities research analysts anticipate that Standard Nuclear will post -0.24 earnings per share for the current year.

About Standard Nuclear

Standard Nuclear Inc operates as a nuclear fuel company principally in the United States. It engages in design, engineer and manufacturing of advanced nuclear fuels with a primary focus on TRISO fuel that is utilized by advanced reactors. Standard Nuclear Inc is based in Oak Ridge, Tennessee.