Energy Fuels (NYSEAMERICAN:UUUU) Sets New 52-Week Low - Time to Sell?

Key Points

• Energy Fuels shares fell 6.2% to $7.79, setting a new 52-week low and trading well below their 50-day and 200-day moving averages.
• Despite the decline, analysts maintain a generally positive outlook: five rate the stock a Buy and two a Hold, producing a “Moderate Buy” consensus and an average price target of $21.85.
• The company reported a quarterly EPS loss of $0.13, missing estimates by $0.09, alongside a negative net margin of 77.75%; however, its balance sheet remains liquid, with a 27.90 current ratio and institutional ownership of 48.24%.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) hit a new 52-week low on Thursday. The stock traded as low as $7.79 and last traded at $7.83, with a volume of 1,426,275 shares changing hands. The stock had previously closed at $8.20.

Wall Street Analysts Forecast Growth

UUUU has been the subject of a number of recent analyst reports. Zacks Research upgraded Energy Fuels from a "strong sell" rating to a "hold" rating in a research report on Friday, October 9th. HC Wainwright raised their price target on Energy Fuels from $29.00 to $29.25 and gave the stock a "buy" rating in a research report on Tuesday, September 1st. Roth Capital raised Energy Fuels from a "neutral" rating to a "buy" rating and set a $16.00 price target for the company in a research note on Friday, August 7th. B. Riley Financial cut their price objective on shares of Energy Fuels from $27.00 to $25.00 and set a "buy" rating for the company in a research report on Monday, August 10th. Finally, BMO Capital Markets began coverage on shares of Energy Fuels in a research note on Friday, August 14th. They set an "outperform" rating and a $18.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $21.85.

Energy Fuels Stock Down 6.2%

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 firm has a 50 day moving average of $12.31 and a two-hundred day moving average of $14.96. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of -24.03 and a beta of 1.77.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.09). Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%. The business had revenue of $25.11 million for the quarter. As a group, sell-side analysts anticipate that Energy Fuels Inc will post -0.25 EPS for the current fiscal year.

Institutional Trading of Energy Fuels

Hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. acquired a new position in shares of Energy Fuels during the third quarter worth $218,000. Guardian Partners Inc. bought a new position in shares of Energy Fuels in the 3rd quarter valued at $141,000. Strengthening Families & Communities LLC boosted its holdings in shares of Energy Fuels by 8.4% during the 3rd quarter. Strengthening Families & Communities LLC now owns 57,570 shares of the company's stock valued at $635,000 after acquiring an additional 4,469 shares in the last quarter. SteelPeak Wealth LLC acquired a new stake in shares of Energy Fuels during the 3rd quarter valued at $110,000. Finally, Robertson Stephens Wealth Management LLC boosted its holdings in shares of Energy Fuels by 4.6% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 994,702 shares of the company's stock valued at $10,972,000 after acquiring an additional 44,193 shares in the last quarter. Institutional investors and hedge funds 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.