Standard Nuclear (NYSE:STDN) Stock Jumps 5.7% – What’s Next?

Standard Nuclear, Inc. (NYSE:STDN) traded up 5.7% during trading on Tuesday. The stock traded as high as $12.25 and last traded at $12.19. Approximately 149,602 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 880,416 shares. The stock had previously closed at $11.53.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on STDN. Evercore began coverage on Standard Nuclear in a report on Monday, August 10th. They issued an “outperform” rating and a $17.00 price target on the stock. Bank of America assumed coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued a “buy” rating and a $15.00 target price on the stock. 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 started coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $18.00 price target for the company. Finally, UBS Group increased their price objective 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. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Standard Nuclear has an average rating of “Moderate Buy” and a consensus price target of $16.71.

Standard Nuclear Stock Up 6.7%

The firm’s 50-day moving average is $11.69.

Standard Nuclear (NYSE:STDN) last announced its quarterly 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 business had revenue of $1.64 million for the quarter, compared to analysts’ expectations of $2.97 million. Equities research analysts expect that Standard Nuclear, Inc. will post -0.43 EPS 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.