Centrus Energy (NYSE:LEU) Upgraded at StockNews.com

Centrus Energy (NYSE:LEU - Get Free Report) was upgraded by equities research analysts at StockNews.com to a "sell" rating in a research report issued on Monday.

Several other analysts also recently weighed in on the company. Roth Mkm decreased their target price 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. B. Riley increased their target price on Centrus Energy from $88.00 to $126.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th.

Centrus Energy Stock Down 3.4 %

Shares of LEU traded down $3.99 during trading hours on Monday, hitting $113.78. 520,553 shares of the company were exchanged, compared to its average volume of 908,740. The company has a market cap of $1.87 billion, a PE ratio of 25.80 and a beta of 1.17. The firm's 50 day moving average is $79.81 and its 200-day moving average is $67.62. Centrus Energy has a 52 week low of $33.51 and a 52 week high of $122.94. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63.

Insider Transactions at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total value of $481,240.00. Following the completion of the transaction, the senior vice president now directly owns 9,402 shares of the company's stock, valued at approximately $1,131,154.62. This represents a 29.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Centrus Energy

A number of hedge funds have recently modified their holdings of LEU. Cape Investment Advisory Inc. acquired a new stake in Centrus Energy during the 4th quarter valued at $27,000. PNC Financial Services Group Inc. increased its holdings in Centrus Energy by 77.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after purchasing an additional 192 shares in the last quarter. Altshuler Shaham Ltd acquired a new stake in shares of Centrus Energy in the 4th quarter valued at $49,000. National Bank of Canada FI acquired a new stake in shares of Centrus Energy in the 4th quarter valued at $51,000. Finally, Farther Finance Advisors LLC increased its stake in shares of Centrus Energy by 33,333.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock valued at $67,000 after buying an additional 1,000 shares during the period. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Company Profile

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.