Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report) dropped 5.2% during mid-day trading on Thursday . The company traded as low as $5.42 and last traded at $5.42. Approximately 2,691,750 shares traded hands during trading, a decline of 68% from the average daily volume of 8,456,271 shares. The stock had previously closed at $5.72.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the company. Roth Mkm raised Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price objective for the company in a report on Friday, February 28th. HC Wainwright lowered their price objective on Energy Fuels from $10.75 to $10.00 and set a "buy" rating for the company in a report on Friday, May 9th. Finally, Roth Capital set a $5.75 price objective on Energy Fuels in a report on Friday, February 28th.
Check Out Our Latest Stock Analysis on UUUU
Energy Fuels Stock Down 2.0%
The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of -24.86 and a beta of 1.68. The stock's 50 day moving average price is $4.55 and its two-hundred day moving average price is $5.18.
Insider Buying and Selling at Energy Fuels
In other Energy Fuels news, VP Daniel Kapostasy sold 12,350 shares of the company's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $4.10, for a total value of $50,635.00. Following the sale, the vice president now directly owns 57,705 shares in the company, valued at $236,590.50. This represents a 17.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Bruce D. Hansen purchased 6,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was bought at an average price of $4.25 per share, for a total transaction of $25,500.00. Following the completion of the transaction, the director now directly owns 295,239 shares of the company's stock, valued at approximately $1,254,765.75. This trade represents a 2.07% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 26,750 shares of company stock worth $116,115 over the last ninety days. Company 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 bought and sold shares of the business. Alps Advisors Inc. lifted its stake in shares of Energy Fuels by 29.0% during the first quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after acquiring an additional 3,584,798 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 valued at $46,927,000 after acquiring an additional 1,231,484 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Energy Fuels by 0.4% during the fourth quarter. Ameriprise Financial Inc. now owns 8,023,303 shares of the company's stock valued at $41,159,000 after acquiring an additional 31,364 shares during the period. Vanguard Group Inc. lifted its stake in shares of Energy Fuels by 18.5% during the fourth quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company's stock valued at $38,316,000 after acquiring an additional 1,164,973 shares during the period. Finally, Van ECK Associates Corp lifted its stake in shares of Energy Fuels by 104.9% during the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company's stock valued at $24,823,000 after acquiring an additional 2,477,539 shares during the period. Institutional investors and hedge funds own 48.24% of the company's stock.
Energy Fuels Company Profile
(
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.
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