Energy Fuels (NYSEAMERICAN:UUUU) Shares Up 7.3% – What’s Next?

by · The Cerbat Gem

Energy Fuels Inc (NYSEAMERICAN:UUUU – Get Free Report)’s stock price traded up 7.3% on Thursday . The company traded as high as $16.01 and last traded at $15.95. 4,837,170 shares changed hands during trading, a decline of 64% from the average session volume of 13,545,998 shares. The stock had previously closed at $14.86.

Analyst Ratings Changes

UUUU has been the subject of a number of research analyst reports. HC Wainwright cut their price target on shares of Energy Fuels to $26.75 and set a “buy” rating for the company in a report on Tuesday, November 4th. Roth Capital cut shares of Energy Fuels from a “neutral” rating to a “sell” rating and increased their target price for the company from $7.25 to $11.50 in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $13.25.

View Our Latest Report on UUUU

Energy Fuels Stock Performance

The firm has a market capitalization of $3.46 billion, a PE ratio of -29.73 and a beta of 1.68. The firm’s 50-day moving average is $17.54 and its 200 day moving average is $12.23.

Insider Transactions at Energy Fuels

In other Energy Fuels news, EVP Timothy James Carstens sold 59,594 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $14.93, for a total transaction of $889,738.42. Following the completion of the transaction, the executive vice president owned 107,435 shares of the company’s stock, valued at approximately $1,604,004.55. This trade represents a 35.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Dennis Lyle Higgs sold 10,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $14.39, for a total value of $143,900.00. Following the completion of the transaction, the director directly owned 167,964 shares of the company’s stock, valued at approximately $2,417,001.96. This trade represents a 5.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 451,750 shares of company stock worth $6,777,683 in the last quarter. Insiders own 1.77% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of UUUU. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of Energy Fuels by 26.0% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 111,071 shares of the company’s stock valued at $411,000 after buying an additional 22,916 shares during the last quarter. CenterBook Partners LP bought a new stake in shares of Energy Fuels in the second quarter worth $6,037,000. Vident Advisory LLC raised its holdings in Energy Fuels by 22.8% in the first quarter. Vident Advisory LLC now owns 2,068,860 shares of the company’s stock valued at $7,717,000 after acquiring an additional 384,257 shares in the last quarter. Sound Income Strategies LLC bought a new position in Energy Fuels during the 2nd quarter valued at $114,000. Finally, Caitlin John LLC bought a new position in Energy Fuels during the 2nd quarter valued at $124,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

About Energy Fuels

(Get Free Report)

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.

Further Reading