Centrus Energy Corp. (NYSE:LEU - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $92.00, but opened at $83.50. Centrus Energy shares last traded at $81.45, with a volume of 477,117 shares traded.
Analyst Ratings Changes
LEU has been the topic of a number of analyst reports. Roth Capital lowered shares of Centrus Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. Roth Mkm dropped their target price on shares of 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 target on Centrus Energy from $88.00 to $126.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $92.00.
Read Our Latest Stock Analysis on LEU
Centrus Energy Stock Down 3.6 %
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 firm's 50 day moving average price is $76.47 and its two-hundred day moving average price is $64.21. The company has a market cap of $1.35 billion, a P/E ratio of 17.18 and a beta of 1.17.
Institutional Investors Weigh In On Centrus Energy
Several hedge funds and other institutional investors have recently modified their holdings of LEU. FMR LLC lifted its position in Centrus Energy by 79.3% in the 3rd quarter. FMR LLC now owns 426,249 shares of the company's stock valued at $23,380,000 after acquiring an additional 188,478 shares in the last quarter. TB Alternative Assets Ltd. purchased a new stake in shares of Centrus Energy in the fourth quarter worth approximately $7,907,000. Exchange Traded Concepts LLC lifted its holdings in shares of Centrus Energy by 290.9% in the fourth quarter. Exchange Traded Concepts LLC now owns 71,040 shares of the company's stock valued at $4,732,000 after purchasing an additional 52,866 shares in the last quarter. L & S Advisors Inc purchased a new position in shares of Centrus Energy during the third quarter valued at approximately $2,089,000. Finally, Daiwa Securities Group Inc. bought a new stake in Centrus Energy during the third quarter worth $1,895,000. 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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