Standard Nuclear (NYSE:STDN) Stock Price Down 10.5% – Should You Sell?

Shares of Standard Nuclear, Inc. (NYSE:STDN) were down 10.5% during trading on Thursday. The stock traded as low as $11.11 and last traded at $11.17. 67,447 shares changed hands during trading, a decline of 90% from the average daily volume of 661,544 shares. The stock had previously closed at $12.48.

Analyst Upgrades and Downgrades

STDN has been the topic of a number of recent analyst reports. The Goldman Sachs Group assumed coverage on Standard Nuclear in a report on Monday, August 10th. They issued a “buy” rating and a $18.00 price objective on the stock. William Blair assumed coverage on Standard Nuclear in a research note on Monday, August 10th. They set an “outperform” rating for the company. Weiss Ratings upgraded Standard Nuclear from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Evercore initiated coverage on Standard Nuclear in a research note on Monday, August 10th. They issued an “outperform” rating and a $17.00 price target on the stock. Finally, UBS Group increased their price target on Standard Nuclear from $14.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, September 1st. Nine analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $16.88.

Standard Nuclear Price Performance

The company’s 50-day moving average price is $12.69. The company has a market cap of $1.64 billion and a price-to-earnings ratio of -26.15.

Standard Nuclear (NYSE:STDN) last posted its quarterly earnings data on Thursday, November 12th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.03. The company had revenue of $2.25 million for the quarter. On average, analysts anticipate that Standard Nuclear, Inc. will post -0.24 EPS for the current year.

About Standard Nuclear

Standard Nuclear is a U.S. advanced nuclear fuel company focused on producing tri-structural isotropic (TRISO) fuel. TRISO fuel uses uranium-bearing particles coated in layers of ceramic and carbon materials, and is designed for use in certain advanced reactor designs. The company acquired fuel-related assets from Ultra Safe Nuclear Corporation, including a manufacturing facility in Oak Ridge, Tennessee. Standard Nuclear is working to develop and scale domestic production of TRISO fuel for advanced reactor developers.