Shares of Cameco Co. (NYSE:CCJ - Get Free Report) TSE: CCO dropped 0.3% during trading on Thursday . The stock traded as low as $49.00 and last traded at $49.47. Approximately 841,268 shares traded hands during trading, a decline of 81% from the average daily volume of 4,409,301 shares. The stock had previously closed at $49.63.
Cameco Price Performance
The stock has a market capitalization of $20.84 billion, a PE ratio of 251.93 and a beta of 0.94. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The stock's 50-day moving average is $51.59 and its 200 day moving average is $49.59.
Hedge Funds Weigh In On Cameco
Several institutional investors and hedge funds have recently modified their holdings of the stock. Glenmede Trust Co. NA boosted its position in Cameco by 2.1% during the third quarter. Glenmede Trust Co. NA now owns 9,149 shares of the basic materials company's stock valued at $437,000 after purchasing an additional 191 shares during the last quarter. S.A. Mason LLC raised its stake in shares of Cameco by 6.0% during the 3rd quarter. S.A. Mason LLC now owns 3,655 shares of the basic materials company's stock worth $175,000 after purchasing an additional 206 shares in the last quarter. Larson Financial Group LLC lifted its holdings in shares of Cameco by 37.4% during the 4th quarter. Larson Financial Group LLC now owns 830 shares of the basic materials company's stock valued at $43,000 after buying an additional 226 shares during the last quarter. Two Sigma Investments LP grew its stake in shares of Cameco by 0.5% in the 4th quarter. Two Sigma Investments LP now owns 50,438 shares of the basic materials company's stock valued at $2,592,000 after buying an additional 238 shares in the last quarter. Finally, Heritage Wealth Management Inc. increased its holdings in Cameco by 0.8% in the fourth quarter. Heritage Wealth Management Inc. now owns 30,875 shares of the basic materials company's stock worth $1,587,000 after buying an additional 250 shares during the last quarter. 70.21% of the stock is currently owned by hedge funds and other institutional investors.
Cameco Company Profile
(
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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.
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