Cameco Co. (NYSE:CCJ - Get Free Report) TSE: CCO traded down 3.8% on Monday . The company traded as low as $46.73 and last traded at $47.22. 5,178,500 shares traded hands during trading, an increase of 10% from the average session volume of 4,709,515 shares. The stock had previously closed at $49.08.
Cameco Trading Down 0.5 %
The business's 50 day simple moving average is $51.19 and its two-hundred day simple moving average is $49.64. The stock has a market cap of $20.17 billion, a P/E ratio of 243.89 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.
Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last posted its earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share for the quarter, hitting analysts' consensus estimates of $0.26. Cameco had a net margin of 4.15% and a return on equity of 3.33%. As a group, analysts expect that Cameco Co. will post 0.42 EPS for the current year.
Institutional Trading of Cameco
Institutional investors have recently modified their holdings of the business. Dantai Capital Ltd grew its stake in shares of Cameco by 44.2% in the third quarter. Dantai Capital Ltd now owns 57,260 shares of the basic materials company's stock worth $2,735,000 after purchasing an additional 17,560 shares during the last quarter. Roberts Wealth Advisors LLC bought a new stake in shares of Cameco in the fourth quarter worth $895,000. Whalen Wealth Management Inc. bought a new stake in shares of Cameco in the fourth quarter worth $445,000. iA Global Asset Management Inc. bought a new stake in shares of Cameco in the third quarter worth $5,305,000. Finally, Telemark Asset Management LLC lifted its holdings in Cameco by 8.3% in the third quarter. Telemark Asset Management LLC now owns 1,300,000 shares of the basic materials company's stock valued at $62,088,000 after buying an additional 100,000 shares during the period. Institutional investors own 70.21% of the company's stock.
About Cameco
(
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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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