Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $7.80 and last traded at $7.76, with a volume of 23766902 shares trading hands. The stock had previously closed at $7.01.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. Roth Capital cut shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price objective on the stock. in a report on Friday, July 11th. HC Wainwright cut their price objective on shares of Energy Fuels from $10.75 to $10.00 and set a "buy" rating on the stock in a report on Friday, May 9th.
Read Our Latest Report on UUUU
Energy Fuels Stock Performance
The stock has a market capitalization of $1.84 billion, a P/E ratio of -21.58 and a beta of 1.68. The company's 50-day moving average price is $5.62 and its 200 day moving average price is $5.07.
Insiders Place Their Bets
In other Energy Fuels news, VP Timothy James Carstens sold 210,612 shares of Energy Fuels stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $5.45, for a total value of $1,147,835.40. Following the completion of the transaction, the vice president directly owned 517,029 shares of the company's stock, valued at $2,817,808.05. This trade represents a 28.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have sold 218,597 shares of company stock worth $1,192,142 over the last three months. Company insiders own 1.77% of the company's stock.
Institutional Investors Weigh In On Energy Fuels
Several institutional investors have recently made changes to their positions in the company. Byrne Asset Management LLC lifted its holdings in Energy Fuels by 114.6% during the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock valued at $29,000 after buying an additional 4,127 shares in the last quarter. Sterling Capital Management LLC lifted its holdings in Energy Fuels by 793.4% during the 4th quarter. Sterling Capital Management LLC now owns 5,923 shares of the company's stock valued at $30,000 after buying an additional 5,260 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Energy Fuels by 65.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company's stock valued at $32,000 after buying an additional 2,442 shares in the last quarter. Lionstone Capital Management LLC bought a new stake in Energy Fuels during the 4th quarter valued at about $35,000. Finally, Adams Wealth Management bought a new stake in Energy Fuels during the 1st quarter valued at about $37,000. Institutional investors 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.
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