Energy Fuels (NYSEAMERICAN:UUUU) Shares Gap Up - Should You Buy?

Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $4.43, but opened at $4.91. Energy Fuels shares last traded at $4.80, with a volume of 4,812,258 shares.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UUUU. Roth Mkm raised Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 target price for the company in a research report on Friday, February 28th. Roth Capital set a $5.75 price target on Energy Fuels in a report on Friday, February 28th. Finally, HC Wainwright dropped their price objective on shares of Energy Fuels from $11.00 to $10.75 and set a "buy" rating on the stock in a research note on Friday, February 28th.

Energy Fuels Price Performance

The company has a market capitalization of $892.12 million, a P/E ratio of -20.41 and a beta of 1.68. The company's 50-day moving average price is $4.42 and its two-hundred day moving average price is $5.41.

Insider Buying and Selling at Energy Fuels

In related news, Director Barbara Appelin Filas sold 10,000 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $4.15, for a total value of $41,500.00. Following the completion of the transaction, the director now directly owns 160,159 shares in the company, valued at $664,659.85. This trade represents a 5.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Daniel Kapostasy sold 12,350 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $4.10, for a total value of $50,635.00. Following the completion of the transaction, the vice president now owns 57,705 shares of the company's stock, valued at $236,590.50. This represents a 17.63 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.92% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of UUUU. Public Employees Retirement System of Ohio raised its holdings in shares of Energy Fuels by 11.8% during the third quarter. Public Employees Retirement System of Ohio now owns 46,500 shares of the company's stock valued at $256,000 after acquiring an additional 4,900 shares during the last quarter. Barclays PLC increased its position in shares of Energy Fuels by 126.6% during the third quarter. Barclays PLC now owns 412,137 shares of the company's stock valued at $2,262,000 after acquiring an additional 230,259 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Energy Fuels by 14.1% during the third quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company's stock worth $12,731,000 after buying an additional 285,680 shares during the period. Virtu Financial LLC purchased a new stake in Energy Fuels during the third quarter worth about $183,000. Finally, Synovus Financial Corp acquired a new stake in shares of Energy Fuels in the third quarter valued at $58,000. 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.