Standard Nuclear (NYSE:STDN) Stock Price Down 9.7% – Time to Sell?

Standard Nuclear, Inc. (NYSE:STDN)’s stock price fell 9.7% on Tuesday . The company traded as low as $13.10 and last traded at $13.27. Approximately 292,487 shares were traded during trading, a decline of 71% from the average daily volume of 995,926 shares. The stock had previously closed at $14.70.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on STDN shares. Stifel Nicolaus set a $17.00 price target on shares of Standard Nuclear in a report on Friday, August 28th. Wall Street Zen lowered shares of Standard Nuclear from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Zacks Research raised Standard Nuclear to a “hold” rating in a research report on Thursday, August 20th. Barclays began coverage on Standard Nuclear in a research report on Monday, August 10th. They issued an “overweight” rating and a $17.00 price objective on the stock. Finally, Evercore initiated coverage on Standard Nuclear in a report on Monday, August 10th. They set an “outperform” rating and a $17.00 target price for the company. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Standard Nuclear currently has an average rating of “Moderate Buy” and a consensus target price of $16.71.

Standard Nuclear Stock Down 7.8%

Standard Nuclear (NYSE:STDN) last announced its earnings results on Thursday, August 27th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate 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 analysts forecast that Standard Nuclear, Inc. will post -0.43 EPS for the current 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.