Fission Uranium (OTCMKTS:FCUUF) Stock Price Crosses Below 50-Day Moving Average - Should You Sell?

Shares of Fission Uranium Corp. (OTCMKTS:FCUUF - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.64 and traded as low as $0.50. Fission Uranium shares last traded at $0.51, with a volume of 184,673 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on FCUUF shares. HC Wainwright boosted their price target on Fission Uranium from $1.90 to $2.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Canaccord Genuity Group cut shares of Fission Uranium from a "moderate buy" rating to a "hold" rating in a report on Thursday.

Fission Uranium Trading Down 2.3 %

The company has a market cap of $441.49 million, a P/E ratio of -51.41 and a beta of 2.24. The business's 50 day simple moving average is $0.64 and its 200 day simple moving average is $0.72.

Fission Uranium Company Profile

Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its flagship property is the 100% owned Patterson Lake South property with 17 contiguous mineral claims covering an area of 31,039 ha located in the Athabasca Basin region of Saskatchewan, Canada.