Energy Fuels (NYSEAMERICAN:UUUU) Trading Down 5.1% - What's Next?

Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report)'s stock price traded down 5.1% during trading on Thursday . The company traded as low as $5.04 and last traded at $5.05. 3,602,206 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 8,309,683 shares. The stock had previously closed at $5.32.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on UUUU shares. Roth Capital set a $5.75 price objective on shares of Energy Fuels in a research report on Friday, February 28th. Roth Mkm upgraded Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 target price for the company in a research note on Friday, February 28th. Finally, HC Wainwright dropped their price target on Energy Fuels from $10.75 to $10.00 and set a "buy" rating on the stock in a research report on Friday, May 9th.

Energy Fuels Stock Performance

The firm's fifty day moving average price is $4.39 and its 200-day moving average price is $5.20. The company has a market cap of $971.59 million, a P/E ratio of -22.23 and a beta of 1.68.

Insider Activity

In related news, Director Barbara Appelin Filas sold 10,000 shares of Energy Fuels stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $4.15, for a total transaction of $41,500.00. Following the completion of the transaction, the director now directly owns 160,159 shares of the company's stock, valued at $664,659.85. This trade represents a 5.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Daniel Kapostasy sold 12,350 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $4.10, for a total transaction of $50,635.00. Following the sale, the vice president now directly owns 57,705 shares of the company's stock, valued at approximately $236,590.50. The trade was a 17.63% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 26,750 shares of company stock worth $116,115. 1.92% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Byrne Asset Management LLC lifted its stake in Energy Fuels by 114.6% in the first 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 during the period. Sterling Capital Management LLC raised its holdings in Energy Fuels by 793.4% in the fourth quarter. Sterling Capital Management LLC now owns 5,923 shares of the company's stock worth $30,000 after purchasing an additional 5,260 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of Energy Fuels by 65.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company's stock worth $32,000 after purchasing an additional 2,442 shares in the last quarter. Lionstone Capital Management LLC bought a new position in shares of Energy Fuels during the fourth quarter worth $35,000. Finally, Adams Wealth Management acquired a new position in shares of Energy Fuels in the 1st quarter valued at $37,000. 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.