Shares of Centrus Energy Corp. (NYSE:LEU - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 904,406 shares were traded during trading, an increase of 138% from the previous session's volume of 380,670 shares.The stock last traded at $76.68 and had previously closed at $78.00.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on LEU. B. Riley boosted their price objective on Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a research report on Wednesday, October 30th. Roth Capital downgraded Centrus Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. StockNews.com raised shares of Centrus Energy to a "sell" rating in a report on Wednesday, August 7th. Finally, Roth Mkm dropped their target price on shares of Centrus Energy from $62.00 to $58.00 and set a "neutral" rating for the company in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Centrus Energy has an average rating of "Hold" and an average target price of $92.00.
Check Out Our Latest Analysis on LEU
Centrus Energy Trading Down 3.6 %
The company has a 50-day moving average price of $61.65 and a two-hundred day moving average price of $49.58. The stock has a market cap of $1.22 billion, a P/E ratio of 15.69 and a beta of 1.19. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44.
Centrus Energy (NYSE:LEU - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The company reported ($0.30) earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.48). The firm had revenue of $57.70 million for the quarter, compared to the consensus estimate of $56.50 million. Centrus Energy had a net margin of 19.24% and a return on equity of 138.38%. On average, research analysts expect that Centrus Energy Corp. will post 2.4 EPS for the current fiscal year.
Institutional Investors Weigh In On Centrus Energy
Several hedge funds and other institutional investors have recently modified their holdings of LEU. Vanguard Group Inc. boosted its holdings in shares of Centrus Energy by 2.3% in the first quarter. Vanguard Group Inc. now owns 766,064 shares of the company's stock valued at $31,815,000 after purchasing an additional 17,033 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Centrus Energy by 15.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company's stock valued at $14,048,000 after buying an additional 46,254 shares during the period. Sara Bay Financial raised its holdings in shares of Centrus Energy by 3.9% in the second quarter. Sara Bay Financial now owns 337,201 shares of the company's stock valued at $14,415,000 after acquiring an additional 12,514 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Centrus Energy by 3.0% in the second quarter. Dimensional Fund Advisors LP now owns 297,708 shares of the company's stock worth $12,727,000 after acquiring an additional 8,678 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Centrus Energy by 382.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 222,607 shares of the company's stock worth $9,516,000 after acquiring an additional 176,431 shares in the last quarter. 49.96% of the stock is currently owned by hedge funds and other institutional investors.
Centrus Energy Company Profile
(
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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