Energy Fuels (NYSEAMERICAN:UUUU) Sets New 1-Year Low - Should You Sell?

Key Points

• Energy Fuels fell to a new 52-week low of $7.24, well below its 50-day and 200-day moving averages of $11.23 and $16.29, respectively.
• Despite the sell-off, analysts maintain a generally positive outlook: five rate the stock a Buy and two a Hold, resulting in a “Moderate Buy” consensus and an average price target of $20.65.
• The company reported a quarterly loss of $0.13 per share versus the expected $0.04 loss, alongside $25.11 million in revenue; analysts expect a full-year loss of $0.27 per share.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) hit a new 52-week low on Tuesday. The company traded as low as $7.24 and last traded at $7.27, with a volume of 2,496,957 shares changing hands. The stock had previously closed at $7.39.

Analyst Ratings Changes

A number of equities analysts recently issued reports on UUUU shares. Roth Capital upgraded shares of Energy Fuels from a "neutral" rating to a "buy" rating and set a $16.00 price target on the stock in a research note on Friday, August 7th. B. Riley Financial reduced their price objective on shares of Energy Fuels from $25.00 to $19.00 and set a "buy" rating for the company in a research note on Wednesday, October 28th. BMO Capital Markets initiated coverage on shares of Energy Fuels in a report on Friday, August 14th. They issued an "outperform" rating and a $18.00 target price for the company. UBS Group upgraded shares of Energy Fuels to a "neutral" rating in a report on Friday, August 14th. Finally, HC Wainwright increased their price target on shares of Energy Fuels from $29.00 to $29.25 and gave the company a "buy" rating in a report on Tuesday, September 1st. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Energy Fuels presently has a consensus rating of "Moderate Buy" and an average target price of $20.65.

Energy Fuels Stock Performance

The company has a quick ratio of 25.87, a current ratio of 27.90 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $1.94 billion, a P/E ratio of -22.84 and a beta of 1.77. The business has a fifty day moving average price of $11.23 and a 200-day moving average price of $16.29.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.09). The business had revenue of $25.11 million during the quarter. Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%. On average, sell-side analysts expect that Energy Fuels Inc will post -0.27 EPS for the current year.

Institutional Investors Weigh In On Energy Fuels

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alps Advisors Inc. increased its position in shares of Energy Fuels by 13.9% during the 3rd quarter. Alps Advisors Inc. now owns 11,060,390 shares of the company's stock valued at $121,996,000 after purchasing an additional 1,349,502 shares during the last quarter. Goehring & Rozencwajg Associates LLC boosted its holdings in shares of Energy Fuels by 20.8% in the first quarter. Goehring & Rozencwajg Associates LLC now owns 1,484,902 shares of the company's stock worth $27,099,000 after buying an additional 255,494 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Energy Fuels by 876.1% in the first quarter. Royal Bank of Canada now owns 874,126 shares of the company's stock worth $15,953,000 after buying an additional 986,758 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Energy Fuels by 0.5% during the first quarter. The Manufacturers Life Insurance Company now owns 789,638 shares of the company's stock valued at $14,431,000 after buying an additional 3,732 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in Energy Fuels during the first quarter valued at approximately $11,640,000. Hedge funds and other institutional investors own 48.24% of the company's stock.

About Energy Fuels

Energy Fuels Inc is a U.S.-based critical minerals company focused on the exploration, recovery, processing and production of uranium, vanadium and rare earth elements. The company supplies uranium concentrates for the nuclear energy industry and also develops other critical mineral products used in advanced manufacturing, electronics and clean-energy technologies.

Energy Fuels owns and operates the White Mesa Mill in Utah, a major U.S. facility capable of processing conventional uranium and vanadium ores as well as certain alternative feed materials.

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