Energy Fuels (NYSEAMERICAN:UUUU) Trading Down 5.1% - Should You Sell?

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

Wall Street Analysts Forecast Growth

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

Energy Fuels Trading Down 2.4%

The company has a market capitalization of $975.57 million, a PE ratio of -22.32 and a beta of 1.68. The firm has a fifty day moving average of $4.39 and a two-hundred day moving average of $5.20.

Insider Transactions at Energy Fuels

In related news, 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 completion of the transaction, the vice president now owns 57,705 shares of the company's stock, valued at $236,590.50. This trade represents a 17.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Barbara Appelin Filas sold 10,000 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $4.15, for a total value of $41,500.00. Following the sale, the director now owns 160,159 shares in the company, valued at approximately $664,659.85. This represents a 5.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,750 shares of company stock valued at $116,115. Corporate insiders own 1.92% of the company's stock.

Hedge Funds Weigh In On Energy Fuels

A number of institutional investors and hedge funds have recently modified their holdings of UUUU. Geneos Wealth Management Inc. raised its holdings in Energy Fuels by 25.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 46,851 shares of the company's stock worth $175,000 after purchasing an additional 9,400 shares during the period. Focus Partners Wealth raised its holdings in Energy Fuels by 16.0% in the 1st quarter. Focus Partners Wealth now owns 1,236,449 shares of the company's stock worth $4,612,000 after purchasing an additional 170,699 shares during the period. NewEdge Advisors LLC raised its holdings in Energy Fuels by 67.7% in the 1st quarter. NewEdge Advisors LLC now owns 57,876 shares of the company's stock worth $216,000 after purchasing an additional 23,356 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Energy Fuels by 10.8% in 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 during the period. Finally, AQR Capital Management LLC bought a new position in Energy Fuels in the 1st quarter worth $871,000. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Energy Fuels Company Profile

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.