Centrus Energy Corp. (NYSE:LEU - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $119.42 and last traded at $114.39, with a volume of 1626914 shares changing hands. The stock had previously closed at $108.91.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on LEU shares. StockNews.com upgraded Centrus Energy to a "sell" rating in a report on Monday. Roth Mkm dropped their price objective on Centrus Energy from $62.00 to $58.00 and set a "neutral" rating on the stock in a report on Wednesday, October 30th. Finally, B. Riley increased their price objective on Centrus Energy from $88.00 to $126.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th.
Check Out Our Latest Stock Analysis on Centrus Energy
Centrus Energy Stock Down 3.2 %
The business has a fifty day moving average of $79.81 and a 200 day moving average of $67.62. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 25.85 and a beta of 1.17. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03.
Insiders Place Their Bets
In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total transaction of $481,240.00. Following the completion of the sale, the senior vice president now owns 9,402 shares of the company's stock, valued at $1,131,154.62. This represents a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company's stock.
Institutional Investors Weigh In On Centrus Energy
A number of large investors have recently added to or reduced their stakes in the stock. Soros Fund Management LLC bought a new stake in Centrus Energy during the fourth quarter worth approximately $14,821,000. Northern Trust Corp boosted its position in shares of Centrus Energy by 13.8% in the fourth quarter. Northern Trust Corp now owns 135,389 shares of the company's stock valued at $9,018,000 after acquiring an additional 16,378 shares during the period. Beacon Pointe Advisors LLC bought a new stake in shares of Centrus Energy in the fourth quarter valued at approximately $228,000. Arosa Capital Management LP bought a new stake in shares of Centrus Energy in the fourth quarter valued at approximately $2,498,000. Finally, Boothbay Fund Management LLC bought a new stake in shares of Centrus Energy in the fourth quarter valued at approximately $243,000. Institutional investors own 49.96% of the company's stock.
About Centrus Energy
(
Get Free Report)
Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.
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