Energy Fuels (NYSEAMERICAN:UUUU) Trading Down 5.2% - Time to Sell?

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) fell 5.2% on Friday . The stock traded as low as $5.47 and last traded at $5.47. 2,598,453 shares changed hands during trading, a decline of 71% from the average session volume of 8,824,439 shares. The stock had previously closed at $5.77.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on UUUU. Roth Mkm raised 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. Roth Capital set a $5.75 price objective on Energy Fuels in a research report on Friday, February 28th. Finally, HC Wainwright dropped their target price 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.

Energy Fuels Stock Up 1.3%

The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of -12.74 and a beta of 1.65. The business has a 50-day moving average of $4.93 and a two-hundred day moving average of $5.13.

Insider Buying and Selling

In other Energy Fuels news, VP Timothy James Carstens sold 210,612 shares of Energy Fuels stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $5.45, for a total transaction of $1,147,835.40. Following the sale, the vice president now directly owns 517,029 shares of the company's stock, valued at approximately $2,817,808.05. The trade was a 28.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 218,597 shares of company stock valued at $1,192,142 over the last ninety days. 1.92% of the stock is owned by company insiders.

Institutional Investors Weigh In On Energy Fuels

Hedge funds have recently made changes to their positions in the company. Alps Advisors Inc. raised its position in Energy Fuels by 29.0% in the 1st 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Energy Fuels by 10.8% during 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. Vanguard Group Inc. increased its stake in shares of 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. Focus Partners Wealth bought a new position in shares of Energy Fuels in the fourth quarter valued at about $5,467,000. Finally, Summit Financial LLC acquired a new position in Energy Fuels during the 4th quarter worth about $4,840,000. Institutional investors and hedge funds 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.