Cameco Co. (TSE:CCO) Senior Officer Tim Scott Gitzel Sells 21,546 Shares

Cameco Co. (TSE:CCO - Get Free Report) NYSE: CCJ Senior Officer Tim Scott Gitzel sold 21,546 shares of the stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of C$66.85, for a total transaction of C$1,440,350.10.

Tim Scott Gitzel also recently made the following trade(s):

• On Wednesday, February 28th, Tim Scott Gitzel sold 14,815 shares of Cameco stock. The stock was sold at an average price of C$55.14, for a total transaction of C$816,899.10.

Cameco Stock Down 2.8 %

CCO traded down C$1.90 during trading hours on Thursday, hitting C$65.55. 1,340,014 shares of the company's stock were exchanged, compared to its average volume of 1,475,362. Cameco Co. has a 1-year low of C$33.27 and a 1-year high of C$69.18. The stock's 50-day moving average is C$58.71 and its two-hundred day moving average is C$57.99. The stock has a market cap of C$28.46 billion, a price-to-earnings ratio of 78.98, a PEG ratio of 2.22 and a beta of 0.92. The company has a quick ratio of 3.74, a current ratio of 1.55 and a debt-to-equity ratio of 32.27.

Cameco (TSE:CCO - Get Free Report) NYSE: CCJ last released its quarterly earnings data on Thursday, February 8th. The company reported C$0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.28 by C($0.07). Cameco had a return on equity of 6.05% and a net margin of 13.94%. The company had revenue of C$844.00 million for the quarter. Sell-side analysts predict that Cameco Co. will post 1.832948 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Canaccord Genuity Group lifted their price target on Cameco from C$67.00 to C$72.00 and gave the company a "buy" rating in a report on Wednesday, December 20th. CIBC lifted their price objective on shares of Cameco from C$68.50 to C$72.00 in a research report on Thursday, December 14th. Raymond James lifted their target price on shares of Cameco from C$71.00 to C$74.00 and gave the company an "outperform" rating in a research note on Friday, January 12th. TD Securities dropped their target price on shares of Cameco from C$82.00 to C$79.00 and set an "action list buy" rating on the stock in a report on Monday, February 12th. Finally, Scotiabank boosted their price objective on shares of Cameco from C$70.00 to C$71.00 in a report on Friday, February 9th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Cameco presently has an average rating of "Buy" and an average price target of C$69.11.

About Cameco

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.