Energy Fuels (NYSEAMERICAN:UUUU) Shares Down 4.7% - Time to Sell?

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) shares were down 4.7% on Friday . The stock traded as low as $5.62 and last traded at $5.62. Approximately 5,009,974 shares were traded during trading, a decline of 44% from the average daily volume of 8,904,662 shares. The stock had previously closed at $5.90.

Analyst Upgrades and Downgrades

UUUU has been the subject of several research reports. Roth Capital set a $5.75 price objective on Energy Fuels in a report on Friday, February 28th. Roth Mkm raised Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price target for the company in a research note on Friday, February 28th. Finally, HC Wainwright lowered their price objective on shares of Energy Fuels from $10.75 to $10.00 and set a "buy" rating on the stock in a research note on Friday, May 9th.

Energy Fuels Trading Down 5.1%

The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -13.02 and a beta of 1.65. The firm has a 50 day moving average price of $5.03 and a two-hundred day moving average price of $5.09.

Insider Buying and Selling

In other news, VP Timothy James Carstens sold 210,612 shares of the business's 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 sale, the vice president now directly owns 517,029 shares in the company, valued at approximately $2,817,808.05. The trade was a 28.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders have sold 218,597 shares of company stock valued at $1,192,142. 1.77% of the stock is owned by corporate insiders.

Institutional Trading of Energy Fuels

A number of hedge funds have recently modified their holdings of the company. Alps Advisors Inc. lifted its position in shares of Energy Fuels by 29.0% during the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock worth $59,433,000 after buying an additional 3,584,798 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Energy Fuels by 10.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company's stock worth $46,927,000 after purchasing an additional 1,231,484 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Energy Fuels by 0.4% during the 4th quarter. Ameriprise Financial Inc. now owns 8,023,303 shares of the company's stock valued at $41,159,000 after purchasing an additional 31,364 shares during the last quarter. Vanguard Group Inc. boosted its position in Energy Fuels by 18.5% in the fourth quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company's stock valued at $38,316,000 after buying an additional 1,164,973 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Energy Fuels by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 2,330,189 shares of the company's stock worth $11,960,000 after buying an additional 11,667 shares during the last quarter. Institutional investors own 48.24% of the company's stock.

About Energy Fuels

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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