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Energy Fuels (NYSEAMERICAN:UUUU) Shares Gap Up - What's Next?

Energy Fuels logo with Basic Materials background

Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $4.87, but opened at $5.28. Energy Fuels shares last traded at $5.47, with a volume of 4,678,568 shares traded.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UUUU. Roth Mkm raised shares of Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 target price on the stock in a research report on Friday, February 28th. 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 research report on Friday, May 9th. Finally, Roth Capital set a $5.75 price objective on shares of Energy Fuels in a research report on Friday, February 28th.

Check Out Our Latest Research Report on Energy Fuels

Energy Fuels Trading Up 2.5%

The firm has a market cap of $1.14 billion, a P/E ratio of -26.00 and a beta of 1.68. The company's 50 day simple moving average is $4.47 and its 200-day simple moving average is $5.18.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Barbara Appelin Filas sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $4.15, for a total transaction of $41,500.00. Following the sale, the director now owns 160,159 shares in the company, valued at approximately $664,659.85. This trade represents a 5.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bruce D. Hansen acquired 6,000 shares of Energy Fuels stock in a transaction dated Wednesday, March 19th. The shares were bought at an average price of $4.25 per share, for a total transaction of $25,500.00. Following the transaction, the director now owns 295,239 shares of the company's stock, valued at approximately $1,254,765.75. The trade was a 2.07% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 26,750 shares of company stock worth $116,115. Company insiders own 1.92% of the company's stock.

Institutional Investors Weigh In On Energy Fuels

Several large investors have recently bought and sold shares of the business. Alps Advisors Inc. increased its position in Energy Fuels by 29.0% in the first quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock worth $59,433,000 after purchasing an additional 3,584,798 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Energy Fuels by 10.8% in the first 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 last quarter. Ameriprise Financial Inc. increased its position in Energy Fuels by 0.4% in the fourth quarter. Ameriprise Financial Inc. now owns 8,023,303 shares of the company's stock worth $41,159,000 after purchasing an additional 31,364 shares during the last quarter. Vanguard Group Inc. increased 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 worth $38,316,000 after purchasing an additional 1,164,973 shares during the last quarter. Finally, Van ECK Associates Corp boosted its stake in Energy Fuels by 104.9% during the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company's stock worth $24,823,000 after buying an additional 2,477,539 shares during the period. 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.

Further Reading

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