Energy Fuels (NYSEAMERICAN:UUUU) Reaches New 52-Week Low - Should You Sell?

Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $3.74 and last traded at $4.04, with a volume of 17576573 shares traded. The stock had previously closed at $3.80.

Wall Street Analysts Forecast Growth

UUUU has been the topic of several analyst reports. Roth Mkm raised shares of Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price target on the stock in a research note on Friday, February 28th. HC Wainwright lowered their price objective on shares of Energy Fuels from $11.00 to $10.75 and set a "buy" rating for the company in a research report on Friday, February 28th. Finally, Roth Capital upgraded Energy Fuels from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 28th.

Energy Fuels Trading Down 2.9 %

The firm has a market capitalization of $808.67 million, a P/E ratio of -18.50 and a beta of 1.68. The business has a 50 day moving average of $5.33 and a 200-day moving average of $5.56.

Insider Activity

In related news, Director Alex G. Morrison sold 17,500 shares of the business's stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the completion of the transaction, the director now owns 165,528 shares of the company's stock, valued at approximately $946,820.16. The trade was a 9.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the sale, the director now directly owns 178,380 shares in the company, valued at $970,387.20. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is currently owned by corporate insiders.

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Institutional Trading of Energy Fuels

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Energy Fuels in the 4th quarter worth about $166,000. Mackenzie Financial Corp increased its holdings in Energy Fuels by 20.3% during the fourth quarter. Mackenzie Financial Corp now owns 109,035 shares of the company's stock valued at $560,000 after buying an additional 18,402 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Energy Fuels by 99.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 286,156 shares of the company's stock worth $1,468,000 after acquiring an additional 142,733 shares during the period. ProShare Advisors LLC boosted its stake in shares of Energy Fuels by 51.1% during the 4th quarter. ProShare Advisors LLC now owns 52,814 shares of the company's stock worth $271,000 after acquiring an additional 17,866 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new stake in shares of Energy Fuels during the 4th quarter valued at $73,000. Hedge funds and other institutional investors own 48.24% of the company's stock.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.