Energy Fuels Sees Unusually High Options Volume (NYSEAMERICAN:UUUU)

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) saw some unusual options trading activity on Thursday. Stock traders acquired 21,880 call options on the company. This is an increase of 131% compared to the typical daily volume of 9,462 call options.

Energy Fuels Price Performance

Shares of UUUU traded up $0.92 during trading hours on Thursday, hitting $6.51. The company's stock had a trading volume of 31,978,990 shares, compared to its average volume of 9,628,546. The company has a market cap of $1.29 billion, a price-to-earnings ratio of -15.14 and a beta of 1.68. The business has a 50 day simple moving average of $5.31 and a two-hundred day simple moving average of $5.02. Energy Fuels has a 52-week low of $3.20 and a 52-week high of $7.47.

Analysts Set New Price Targets

Separately, HC Wainwright decreased their price objective 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.

Insider Buying and Selling at Energy Fuels

In related news, VP Timothy James Carstens sold 210,612 shares of the firm's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $5.45, for a total transaction of $1,147,835.40. Following the transaction, the vice president directly owned 517,029 shares of the company's stock, valued at $2,817,808.05. This trade represents a 28.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold 218,597 shares of company stock worth $1,192,142 over the last 90 days. 1.77% of the stock is owned by company insiders.

Hedge Funds Weigh In On Energy Fuels

Large investors have recently modified their holdings of the company. Sterling Capital Management LLC boosted its position in shares of Energy Fuels by 793.4% in the fourth quarter. Sterling Capital Management LLC now owns 5,923 shares of the company's stock valued at $30,000 after acquiring an additional 5,260 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of Energy Fuels by 65.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company's stock valued at $32,000 after acquiring an additional 2,442 shares during the period. Lionstone Capital Management LLC bought a new position in shares of Energy Fuels in the fourth quarter valued at approximately $35,000. Byrne Asset Management LLC boosted its position in shares of Energy Fuels by 114.6% in the first quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock valued at $29,000 after acquiring an additional 4,127 shares during the period. Finally, Signaturefd LLC boosted its position in shares of Energy Fuels by 48.5% in the fourth quarter. Signaturefd LLC now owns 8,870 shares of the company's stock valued at $46,000 after acquiring an additional 2,898 shares during the period. 48.24% of the stock is currently owned by institutional investors.

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.