Centrus Energy (NYSE:LEU) Rating Increased to Hold at StockNews.com

Centrus Energy (NYSE:LEU - Get Free Report) was upgraded by equities researchers at StockNews.com from a "sell" rating to a "hold" rating in a report released on Tuesday.

A number of other equities analysts have also recently issued reports on the company. TheStreet upgraded Centrus Energy from a "d-" rating to a "c" rating in a report on Friday, February 9th. B. Riley reiterated a "buy" rating and issued a $72.00 price objective on shares of Centrus Energy in a report on Tuesday, February 13th.

Centrus Energy Price Performance

NYSE LEU traded down $0.05 during trading on Tuesday, reaching $42.93. The company's stock had a trading volume of 247,380 shares, compared to its average volume of 185,942. The stock has a market capitalization of $673.14 million, a PE ratio of 8.01 and a beta of 1.39. The company has a debt-to-equity ratio of 4.73, a current ratio of 1.45 and a quick ratio of 0.80. The firm has a fifty day moving average of $41.55 and a 200 day moving average of $47.97. Centrus Energy has a one year low of $24.88 and a one year high of $61.35.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its earnings results on Thursday, February 8th. The company reported $3.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $2.80. The business had revenue of $103.60 million for the quarter, compared to analyst estimates of $61.05 million. Centrus Energy had a negative return on equity of 491.41% and a net margin of 26.36%. Analysts expect that Centrus Energy will post 2.71 EPS for the current fiscal year.

Insider Activity at Centrus Energy

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LEU. Old West Investment Management LLC raised its position in shares of Centrus Energy by 105.0% in the 3rd quarter. Old West Investment Management LLC now owns 328,881 shares of the company's stock worth $18,667,000 after acquiring an additional 168,425 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Centrus Energy by 13.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 713,440 shares of the company's stock worth $40,495,000 after acquiring an additional 86,212 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Centrus Energy by 189.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 98,438 shares of the company's stock worth $5,587,000 after acquiring an additional 64,421 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Centrus Energy in the 3rd quarter worth approximately $2,448,000. Finally, EAM Investors LLC bought a new position in shares of Centrus Energy in the 3rd quarter worth approximately $2,235,000. Institutional investors own 49.96% of the company's stock.

About Centrus Energy

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.