Shares of Centrus Energy Corp. (NYSE:LEU - Get Free Report) saw unusually-high trading volume on Friday . Approximately 1,645,282 shares traded hands during trading, an increase of 118% from the previous session's volume of 756,363 shares.The stock last traded at $106.55 and had previously closed at $81.81.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on LEU. B. Riley upped their price objective on Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. StockNews.com upgraded Centrus Energy to a "sell" rating in a research note on Monday. Finally, Roth Mkm cut their price target on Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th.
Get Our Latest Report on LEU
Centrus Energy Price Performance
The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63. The company has a market cap of $1.86 billion, a P/E ratio of 25.77 and a beta of 1.17. The firm has a 50 day moving average price of $76.81 and a two-hundred day moving average price of $65.89.
Institutional Trading of Centrus Energy
A number of institutional investors have recently added to or reduced their stakes in LEU. AQR Capital Management LLC purchased a new stake in Centrus Energy during the 2nd quarter worth about $275,000. The Manufacturers Life Insurance Company purchased a new stake in Centrus Energy during the 2nd quarter worth about $233,000. SG Americas Securities LLC purchased a new stake in Centrus Energy during the 3rd quarter worth about $281,000. Exchange Traded Concepts LLC lifted its holdings in Centrus Energy by 81.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 18,174 shares of the company's stock worth $997,000 after purchasing an additional 8,177 shares in the last quarter. Finally, Vontobel Holding Ltd. raised its holdings in shares of Centrus Energy by 17.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company's stock valued at $303,000 after acquiring an additional 815 shares in the last quarter. Hedge funds and other 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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