Shares of Cameco Co. (NYSE:CCJ - Get Free Report) TSE: CCO traded down 4.6% during mid-day trading on Friday . The stock traded as low as $47.23 and last traded at $46.82. 2,064,220 shares changed hands during trading, a decline of 54% from the average session volume of 4,449,161 shares. The stock had previously closed at $49.08.
Cameco Stock Performance
The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $20.16 billion, a price-to-earnings ratio of 243.78 and a beta of 0.94. The stock has a 50-day simple moving average of $51.59 and a 200-day simple moving average of $49.59.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. WCG Wealth Advisors LLC lifted its position in shares of Cameco by 2.7% during the fourth quarter. WCG Wealth Advisors LLC now owns 12,801 shares of the basic materials company's stock worth $658,000 after purchasing an additional 331 shares during the last quarter. Gordian Capital Singapore Pte Ltd raised its stake in Cameco by 276.4% during the fourth quarter. Gordian Capital Singapore Pte Ltd now owns 20,400 shares of the basic materials company's stock valued at $1,048,000 after buying an additional 14,980 shares in the last quarter. JT Stratford LLC acquired a new position in shares of Cameco in the 4th quarter worth approximately $205,000. Highview Capital Management LLC DE raised its position in shares of Cameco by 5.0% during the 4th quarter. Highview Capital Management LLC DE now owns 6,246 shares of the basic materials company's stock valued at $321,000 after acquiring an additional 300 shares in the last quarter. Finally, Vanguard Capital Wealth Advisors acquired a new position in Cameco in the fourth quarter worth $839,000. 70.21% of the stock is owned by institutional investors and hedge funds.
Cameco Company Profile
(
Get Free Report)
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.
See Also
Before you consider Cameco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cameco wasn't on the list.
While Cameco currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
