Yellow Cake (LON:YCA) Stock Price Down 0.6% - Time to Sell?

Yellow Cake plc (LON:YCA - Get Free Report)'s share price was down 0.6% on Monday . The stock traded as low as GBX 454 ($6.14) and last traded at GBX 463.20 ($6.27). Approximately 322,526 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 1,611,934 shares. The stock had previously closed at GBX 465.80 ($6.30).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 712 ($9.63) price objective on shares of Yellow Cake in a report on Tuesday, January 28th.

Yellow Cake Stock Up 8.3%

The firm has a market capitalization of £1.08 billion, a price-to-earnings ratio of 1.88 and a beta of 0.27. The stock has a 50-day moving average price of GBX 438.12 and a 200 day moving average price of GBX 476.61.

Yellow Cake Company Profile

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.