Centrus Energy Corp. (NYSE:LEU - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $81.87, but opened at $85.33. Centrus Energy shares last traded at $83.43, with a volume of 96,096 shares trading hands.
Wall Street Analyst Weigh In
LEU has been the topic of several research reports. Roth Capital cut Centrus Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. B. Riley raised their target price on shares of Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a research report on Wednesday, October 30th. Finally, Roth Mkm lowered their price target on shares of Centrus Energy from $62.00 to $58.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $92.00.
View Our Latest Analysis on LEU
Centrus Energy Trading Up 33.1 %
The company has a market cap of $1.79 billion, a price-to-earnings ratio of 22.74 and a beta of 1.17. The firm has a fifty day moving average price of $76.45 and a 200 day moving average price of $65.12. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Cape Investment Advisory Inc. acquired a new position in shares of Centrus Energy in the fourth quarter valued at $27,000. PNC Financial Services Group Inc. raised its stake in Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock worth $29,000 after purchasing an additional 192 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in Centrus Energy in the 4th quarter valued at about $113,000. Canton Hathaway LLC acquired a new position in shares of Centrus Energy during the 4th quarter worth approximately $161,000. Finally, Heritage Investors Management Corp bought a new position in shares of Centrus Energy during the third quarter worth approximately $203,000. 49.96% of the stock is currently owned by institutional investors and hedge funds.
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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