Terra Innovatum Global S.R.L. (NASDAQ:NKLR) Receives Buy Rating from HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Terra Innovatum Global S.R.L. (NASDAQ:NKLR) in a research report sent to investors on Thursday,Benzinga reports. They currently have a $25.00 price target on the stock.

Other equities analysts also recently issued reports about the company. Weiss Ratings raised Terra Innovatum Global S.R.L. from a “sell (e+)” rating to a “sell (d+)” rating in a research report on Thursday, July 2nd. Wall Street Zen upgraded shares of Terra Innovatum Global S.R.L. from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $17.50.

Terra Innovatum Global S.R.L. Price Performance

NASDAQ NKLR opened at $4.87 on Thursday. The company’s 50-day moving average is $5.50. Terra Innovatum Global S.R.L. has a fifty-two week low of $3.73 and a fifty-two week high of $21.91. The stock has a market cap of $538.13 million and a price-to-earnings ratio of -162.33.

Terra Innovatum Global S.R.L. (NASDAQ:NKLR) last issued its quarterly earnings results on Monday, June 15th. The company reported $9.99 earnings per share (EPS) for the quarter. Sell-side analysts expect that Terra Innovatum Global S.R.L. will post -0.23 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NKLR. IFP Advisors Inc purchased a new position in Terra Innovatum Global S.R.L. in the 4th quarter valued at approximately $33,000. KLCM Advisors Inc. purchased a new position in shares of Terra Innovatum Global S.R.L. in the fourth quarter valued at $46,000. High Net Worth Advisory Group LLC acquired a new position in shares of Terra Innovatum Global S.R.L. during the 1st quarter worth $46,000. Boothbay Fund Management LLC acquired a new position in shares of Terra Innovatum Global S.R.L. during the 4th quarter worth $51,000. Finally, Millennium Management LLC purchased a new stake in shares of Terra Innovatum Global S.R.L. in the 4th quarter worth about $51,000.

About Terra Innovatum Global S.R.L.

Terra Innovatum Global N.V. is a developer of micro-modular nuclear reactors. Terra Innovatum Global N.V., formerly known as GSR III Acquisition Corp., is based in NEW YORK.