Centrus Energy (NYSE:LEU) Shares Gap Down to $44.30

Centrus Energy Corp. (NYSE:LEU - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $44.30, but opened at $39.00. Centrus Energy shares last traded at $41.48, with a volume of 191,300 shares trading hands.

Analyst Upgrades and Downgrades

LEU has been the subject of a number of research analyst reports. TheStreet raised Centrus Energy from a "d-" rating to a "c" rating in a report on Friday, February 9th. StockNews.com raised Centrus Energy from a "sell" rating to a "hold" rating in a research report on Tuesday, April 30th. Finally, B. Riley reaffirmed a "buy" rating and set a $72.00 price target on shares of Centrus Energy in a report on Tuesday, February 13th.

Centrus Energy Trading Down 5.1 %

The company has a quick ratio of 0.80, a current ratio of 1.45 and a debt-to-equity ratio of 4.73. The firm has a market capitalization of $659.34 million, a PE ratio of 7.79 and a beta of 1.36. The stock's fifty day simple moving average is $41.91 and its 200 day simple moving average is $47.57.

Centrus Energy (NYSE:LEU - Get Free Report) last issued its quarterly earnings data on Thursday, February 8th. The company reported $3.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $2.80. The firm had revenue of $103.60 million during the quarter, compared to the consensus estimate of $61.05 million. Centrus Energy had a net margin of 26.36% and a negative return on equity of 491.41%. On average, sell-side analysts predict that Centrus Energy Corp. will post 2.71 earnings per share for the current year.

Insider Buying and Selling at Centrus Energy

In other Centrus Energy news, SVP John M. A. Donelson sold 16,073 shares of the firm's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $40.24, for a total transaction of $646,777.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 6.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Centrus Energy

A number of institutional investors have recently bought and sold shares of LEU. Spire Wealth Management purchased a new stake in shares of Centrus Energy during the third quarter worth about $29,000. Arizona State Retirement System bought a new position in shares of Centrus Energy during the third quarter worth $203,000. Heritage Investors Management Corp purchased a new position in Centrus Energy during the third quarter valued at $210,000. SeaCrest Wealth Management LLC bought a new stake in Centrus Energy in the 1st quarter valued at $216,000. Finally, Corton Capital Inc. purchased a new stake in Centrus Energy in the 3rd quarter worth $232,000. Hedge funds and other institutional investors own 49.96% of the company's stock.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.