Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $4.13, but opened at $4.22. Energy Fuels shares last traded at $4.12, with a volume of 1,043,852 shares changing hands.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on UUUU shares. HC Wainwright cut their price target on Energy Fuels from $11.00 to $10.75 and set a "buy" rating for the company in a research note on Friday, February 28th. Roth Mkm upgraded shares of Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 target price for the company in a research note on Friday, February 28th. Finally, Roth Capital set a $5.75 price target on shares of Energy Fuels in a research note on Friday, February 28th.
Get Our Latest Stock Analysis on Energy Fuels
Energy Fuels Trading Down 1.6 %
The stock has a fifty day simple moving average of $4.91 and a two-hundred day simple moving average of $5.50. The firm has a market cap of $729.19 million, a PE ratio of -16.68 and a beta of 1.68.
Insider Activity at Energy Fuels
In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total value of $54,400.00. Following the completion of the sale, the director now owns 178,380 shares of the company's stock, valued at $970,387.20. This represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Daniel Kapostasy sold 12,350 shares of Energy Fuels stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $4.10, for a total transaction of $50,635.00. Following the transaction, the vice president now directly owns 57,705 shares in the company, valued at $236,590.50. This trade represents a 17.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 32,350 shares of company stock valued at $146,535. Company insiders own 1.92% of the company's stock.
Institutional Investors Weigh In On Energy Fuels
Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in Energy Fuels by 217.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 223,061 shares of the company's stock valued at $1,225,000 after buying an additional 152,751 shares during the period. Barclays PLC grew its stake in shares of Energy Fuels by 126.6% in the third quarter. Barclays PLC now owns 412,137 shares of the company's stock worth $2,262,000 after purchasing an additional 230,259 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its holdings in Energy Fuels by 3.7% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,579,919 shares of the company's stock valued at $8,105,000 after purchasing an additional 55,709 shares during the period. Geode Capital Management LLC raised its position in Energy Fuels by 14.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company's stock valued at $12,731,000 after purchasing an additional 285,680 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in Energy Fuels by 233.1% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company's stock worth $4,966,000 after buying an additional 632,713 shares during the period. Institutional investors own 48.24% of the company's stock.
Energy Fuels Company Profile
(
Get Free Report)
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.
Further Reading
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