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

Key Points

• Energy Fuels Inc (NYSEAMERICAN:UUUU) experienced unusually high options trading, with 49,731 call options purchased, marking an 89% increase from the average volume.
• The company's stock price rose 9.7% to $13.05, with a trading volume significantly above average at over 23 million shares.
• Energy Fuels recently reported a quarterly loss of ($0.10) EPS, missing estimates, while its revenue decreased by 51.7% year-over-year.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) was the target of some unusual options trading activity on Tuesday. Stock traders bought 49,731 call options on the stock. Thisisanincreaseof89% compared to the average volume of 26,320 call options.

Energy Fuels Stock Up 9.7%

Shares of NYSEAMERICAN:UUUU traded up $1.15 during midday trading on Tuesday, hitting $13.05. The stock had a trading volume of 23,212,806 shares, compared to its average volume of 10,466,907. The company has a market capitalization of $2.90 billion, a P/E ratio of -26.63 and a beta of 1.76. Energy Fuels has a fifty-two week low of $3.20 and a fifty-two week high of $13.46. The company's 50-day moving average price is $9.24 and its 200-day moving average price is $6.27.

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

Analyst Ratings Changes

UUUU has been the topic of a number of research reports. Roth Capital downgraded shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 target price on the stock. in a research report on Friday, July 11th. B. Riley started coverage on shares of Energy Fuels in a research report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 price target on the stock. Finally, HC Wainwright reiterated a "buy" rating and issued a $12.00 price target (up from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $8.19.

Insider Activity at Energy Fuels

In other news, Director Dennis Lyle Higgs sold 2,500 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $12.20, for a total transaction of $30,500.00. Following the sale, the director directly owned 253,881 shares of the company's stock, valued at $3,097,348.20. This represents a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Scott Bakken sold 4,629 shares of the stock in a transaction that occurred 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 sale, the vice president directly owned 108,817 shares in the company, valued at $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. Insiders sold 573,724 shares of company stock valued at $6,159,409 over the last three months. 1.92% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. raised its holdings in Energy Fuels by 27.5% in the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company's stock valued at $36,000 after buying an additional 1,344 shares during the last quarter. Lionstone Capital Management LLC bought a new position in Energy Fuels in the 4th quarter valued at approximately $35,000. Bessemer Group Inc. raised its holdings in Energy Fuels by 19,230.8% in the 2nd quarter. Bessemer Group Inc. now owns 7,539 shares of the company's stock valued at $43,000 after buying an additional 7,500 shares during the last quarter. Byrne Asset Management LLC raised its holdings in Energy Fuels by 114.6% in the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock valued at $29,000 after buying an additional 4,127 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in Energy Fuels by 38.4% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 8,527 shares of the company's stock valued at $49,000 after buying an additional 2,368 shares during the last quarter. Institutional investors own 48.24% of the company's stock.

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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