Standard Nuclear (NYSE:STDN) Trading 4.4% Higher – Still a Buy?

Standard Nuclear, Inc. (NYSE:STDN) shot up 4.4% during trading on Tuesday . The stock traded as high as $12.95 and last traded at $12.83. 81,174 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 962,020 shares. The stock had previously closed at $12.29.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Zacks Research raised shares of Standard Nuclear to a “hold” rating in a research note on Thursday, August 20th. Wall Street Zen cut shares of Standard Nuclear from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. The Goldman Sachs Group initiated coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued a “buy” rating and a $18.00 price target on the stock. Barclays started coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set an “overweight” rating and a $17.00 price target on the stock. Finally, Stifel Nicolaus set a $17.00 price objective on shares of Standard Nuclear in a research note on Friday, August 28th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.71.

Standard Nuclear Stock Up 1.0%

The business has a 50 day simple moving average of $11.43.

Standard Nuclear (NYSE:STDN) last issued its earnings results on Thursday, August 27th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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. On average, research analysts anticipate that Standard Nuclear, Inc. will post -0.43 earnings per share for the current fiscal year.

Standard Nuclear Company Profile

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.