Gainplan LLC acquired a new position in Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 17,663 shares of the company's stock, valued at approximately $102,000.
Several other hedge funds and other institutional investors have also bought and sold shares of UUUU. Byrne Asset Management LLC boosted its position in Energy Fuels by 114.6% in the first quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock worth $29,000 after purchasing an additional 4,127 shares during the last quarter. Adams Wealth Management purchased a new position in Energy Fuels in the first quarter worth $37,000. CacheTech Inc. purchased a new position in Energy Fuels in the first quarter worth $37,000. Joel Isaacson & Co. LLC purchased a new position in Energy Fuels in the first quarter worth $38,000. Finally, Wealthspan Partners LLC lifted its position in shares of Energy Fuels by 30.0% during the 1st quarter. Wealthspan Partners LLC now owns 13,000 shares of the company's stock valued at $48,000 after buying an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. B. Riley began coverage on Energy Fuels in a report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 price objective for the company. Roth Capital downgraded shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price objective on the stock. in a report on Friday, July 11th. Finally, HC Wainwright upped their price objective on shares of Energy Fuels from $12.00 to $16.25 and gave the company a "buy" rating in a report on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Energy Fuels presently has a consensus rating of "Buy" and a consensus price target of $9.25.
Read Our Latest Stock Report on Energy Fuels
Energy Fuels Stock Performance
Shares of UUUU opened at $17.59 on Wednesday. The stock's 50-day simple moving average is $12.34 and its 200 day simple moving average is $7.82. The stock has a market capitalization of $3.91 billion, a price-to-earnings ratio of -35.90 and a beta of 1.79. Energy Fuels Inc has a 52-week low of $3.20 and a 52-week high of $19.01.
Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06). The company had revenue of $4.21 million for the quarter. Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The business's revenue was up –51.7% on a year-over-year basis. On average, research analysts forecast that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, VP Scott Bakken sold 4,629 shares of the stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $12.00, for a total transaction of $55,548.00. Following the sale, the vice president owned 108,817 shares of the company's stock, valued at approximately $1,305,804. This represents a 4.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dennis Lyle Higgs sold 6,000 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $14.88, for a total value of $89,280.00. Following the sale, the director directly owned 218,881 shares in the company, valued at $3,256,949.28. This trade represents a 2.67% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 618,724 shares of company stock valued at $6,782,959. Corporate insiders own 1.92% of the company's stock.
Energy Fuels Profile
(
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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