Energy Fuels (NYSEAMERICAN:UUUU) Shares Down 5.2% - Should You Sell?

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) traded down 5.2% on Friday . The company traded as low as $6.13 and last traded at $6.17. 2,473,357 shares traded hands during trading, a decline of 73% from the average session volume of 9,081,566 shares. The stock had previously closed at $6.51.

Analyst Ratings Changes

UUUU has been the topic of several recent analyst reports. Roth Capital lowered shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price target on the stock. in a research note on Friday. HC Wainwright lowered their target price on shares of Energy Fuels from $10.75 to $10.00 and set a "buy" rating for the company in a report on Friday, May 9th.

Energy Fuels Price Performance

The firm has a market cap of $1.39 billion, a PE ratio of -16.30 and a beta of 1.68. The business has a 50-day moving average price of $5.35 and a two-hundred day moving average price of $5.02.

Insider Activity

In other news, VP Timothy James Carstens sold 210,612 shares of Energy Fuels stock in a transaction on Tuesday, June 10th. The stock was 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 owned 517,029 shares of the company's stock, valued at $2,817,808.05. The trade was a 28.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 218,597 shares of company stock worth $1,192,142 over the last quarter. Corporate insiders own 1.92% of the company's stock.

Institutional Investors Weigh In On Energy Fuels

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new position in Energy Fuels during the 2nd quarter worth approximately $29,525,000. Alps Advisors Inc. boosted its stake in shares of Energy Fuels by 29.0% in the first quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after purchasing an additional 3,584,798 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in 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 buying an additional 1,231,484 shares during the period. Vanguard Group Inc. lifted its holdings in Energy Fuels by 18.5% in the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company's stock worth $38,316,000 after buying an additional 1,164,973 shares in the last quarter. Finally, Focus Partners Wealth purchased a new position in Energy Fuels in the 4th quarter valued at about $5,467,000. 48.24% of the stock is currently owned by institutional investors and hedge funds.

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.