Energy Fuels Target of Unusually High Options Trading (NYSEAMERICAN:UUUU)

Key Points

• Energy Fuels Inc experienced a remarkable 356% increase in call options trading, with 259,085 options purchased, indicating heightened investor interest.
• The company reported a loss of ($0.10) EPS for the last quarter, missing estimates and reflecting a negative net margin of 143.05% year-over-year.
• Insider transactions revealed that significant shareholders, including Director J. Birks Bovaird, sold large amounts of stock, indicating a potential shift in confidence among leadership.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) was the target of unusually large options trading activity on Friday. Traders bought 259,085 call options on the stock. This represents an increase of approximately 356% compared to the typical volume of 56,762 call options.

Energy Fuels Stock Performance

UUUU opened at $21.26 on Friday. The company has a 50-day moving average of $15.32 and a 200-day moving average of $9.29. The company has a market capitalization of $4.90 billion, a P/E ratio of -43.39 and a beta of 1.79. Energy Fuels has a 1-year low of $3.20 and a 1-year high of $27.33.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.06). Energy Fuels had a negative net margin of 143.05% and a negative return on equity of 17.41%. The business had revenue of $4.21 million during the quarter. The firm's revenue for the quarter was up –51.7% compared to the same quarter last year. As a group, sell-side analysts expect that Energy Fuels will post -0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on UUUU shares. Roth Capital cut shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price target for the company. in a report on Friday, July 11th. B. Riley began coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They set a "buy" rating and a $9.00 price target for the company. Finally, HC Wainwright upped their target price on shares of Energy Fuels from $16.25 to $27.50 and gave the stock a "buy" rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $12.06.

Insider Transactions at Energy Fuels

In related news, Director J. Birks Bovaird sold 10,000 shares of the business's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $14.85, for a total value of $148,500.00. Following the completion of the sale, the director directly owned 195,617 shares of the company's stock, valued at $2,904,912.45. The trade was a 4.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Scott Bakken sold 4,629 shares of the business's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $12.00, for a total transaction of $55,548.00. Following the completion of the sale, the vice president directly owned 108,817 shares of the company's stock, valued at approximately $1,305,804. This trade represents a 4.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 618,724 shares of company stock valued at $6,782,959. Insiders own 1.77% of the company's stock.

Institutional Trading of Energy Fuels

A number of institutional investors have recently made changes to their positions in UUUU. Farther Finance Advisors LLC raised its holdings in shares of Energy Fuels by 3,820.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company's stock worth $26,000 after purchasing an additional 1,643 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Energy Fuels by 27.5% in the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company's stock worth $36,000 after purchasing an additional 1,344 shares in the last quarter. Adams Wealth Management bought a new stake in shares of Energy Fuels in the 1st quarter worth approximately $37,000. CacheTech Inc. bought a new stake in shares of Energy Fuels in the 1st quarter worth approximately $37,000. Finally, Joel Isaacson & Co. LLC bought a new stake in shares of Energy Fuels in the 1st quarter worth approximately $38,000. 48.24% of the stock is 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.

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