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Energy Fuels (TSE:EFR) Stock Passes Above 50 Day Moving Average - Here's Why

Energy Fuels logo with Energy background

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$6.72 and traded as high as C$8.29. Energy Fuels shares last traded at C$7.90, with a volume of 1,041,520 shares changing hands.

Analysts Set New Price Targets

Separately, Roth Capital upgraded Energy Fuels from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th.

Check Out Our Latest Analysis on EFR

Energy Fuels Stock Down 4.6%

The company has a 50-day moving average price of C$6.81 and a 200 day moving average price of C$6.91. The firm has a market capitalization of C$1.04 billion, a PE ratio of -24.71 and a beta of 1.54. The company has a debt-to-equity ratio of 0.31, a current ratio of 18.01 and a quick ratio of 19.23.

Insider Activity

In other news, Director Ivy Virginia Estabrooke sold 4,400 shares of Energy Fuels stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of C$7.52, for a total value of C$33,092.40. Also, Senior Officer Timothy James Carstens sold 210,612 shares of Energy Fuels stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of C$7.47, for a total value of C$1,572,534.50. Insiders have sold 218,597 shares of company stock worth $1,633,475 over the last ninety days. Corporate insiders own 2.03% of the company's stock.

About Energy Fuels

(Get Free Report)

Energy Fuels is the largest uranium producer in the U.S. and holds more production capacity and uranium resources than any other U.S. producer. The Company also produces vanadium. Headquartered in Colorado Energy Fuels holds three of Americas key uranium production centers: the White Mesa Mill in Utah the Nichols Ranch ISR Facility in Wyoming and the Alta Mesa ISR Facility in Texas.

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