Cameco Co. (NYSE:CCJ - Get Free Report) TSE: CCO shares traded up 0% during mid-day trading on Friday . The stock traded as high as $44.08 and last traded at $43.48. 1,002,677 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 4,654,152 shares. The stock had previously closed at $43.48.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Cameco from a "sell" rating to a "hold" rating in a report on Friday, February 21st. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $66.56.
View Our Latest Report on Cameco
Cameco Trading Down 6.8 %
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 firm's 50 day moving average is $49.87 and its two-hundred day moving average is $49.98. The stock has a market cap of $17.87 billion, a price-to-earnings ratio of 146.61 and a beta of 0.94.
Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last announced its quarterly earnings results on Thursday, February 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.26. The business had revenue of $845.54 million for the quarter, compared to the consensus estimate of $1.09 billion. Cameco had a return on equity of 4.34% and a net margin of 5.39%. Equities analysts anticipate that Cameco Co. will post 1.27 EPS for the current year.
Hedge Funds Weigh In On Cameco
Several institutional investors have recently modified their holdings of the company. Sierra Ocean LLC acquired a new position in Cameco during the 4th quarter valued at about $25,000. Hurley Capital LLC acquired a new position in shares of Cameco during the fourth quarter worth approximately $27,000. Bank Julius Baer & Co. Ltd Zurich bought a new position in Cameco in the 4th quarter worth approximately $28,000. Whipplewood Advisors LLC acquired a new stake in Cameco in the 4th quarter valued at approximately $33,000. Finally, Pingora Partners LLC bought a new stake in Cameco during the 3rd quarter valued at $33,000. 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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