Energy Fuels (NYSEAMERICAN:UUUU) Shares Gap Up - What's Next?

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.

Analyst Ratings Changes

Several equities research analysts recently issued reports on UUUU shares. Roth Capital set a $5.75 price objective on Energy Fuels in a research note on Friday, February 28th. HC Wainwright dropped their price target on 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 Mkm upgraded shares of Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price objective on the stock in a research report on Friday, February 28th.

Energy Fuels Stock Up 1.4 %

The firm's 50-day simple moving average is $4.86 and its 200-day simple moving average is $5.49. The firm has a market capitalization of $739.13 million, a PE ratio of -16.91 and a beta of 1.68.

Insider Buying and Selling

In other Energy Fuels news, Director Barbara Appelin Filas sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $4.15, for a total value of $41,500.00. Following the sale, the director now owns 160,159 shares in the company, valued at approximately $664,659.85. This represents a 5.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Bruce D. Hansen purchased 6,000 shares of the company's stock in a transaction that occurred on Wednesday, March 19th. The shares were purchased at an average price of $4.25 per share, with a total value of $25,500.00. Following the completion of the transaction, the director now directly owns 295,239 shares of the company's stock, valued at $1,254,765.75. This represents a 2.07 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 32,350 shares of company stock worth $146,535 over the last three months. 1.92% of the stock is owned by insiders.

Institutional Investors Weigh In On Energy Fuels

Several hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Energy Fuels by 1.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,439,379 shares of the company's stock valued at $58,779,000 after buying an additional 155,087 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Energy Fuels by 0.4% in the fourth quarter. Ameriprise Financial Inc. now owns 8,023,303 shares of the company's stock worth $41,159,000 after purchasing an additional 31,364 shares during the period. Vanguard Group Inc. grew its position in Energy Fuels by 18.5% in the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company's stock worth $38,316,000 after purchasing an additional 1,164,973 shares during the last quarter. Van ECK Associates Corp boosted its stake in Energy Fuels by 104.9% during the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company's stock worth $24,823,000 after buying an additional 2,477,539 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Energy Fuels by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 2,330,189 shares of the company's stock valued at $11,960,000 after buying an additional 11,667 shares in the last quarter. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Energy Fuels Company Profile

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.