HC Wainwright Lowers Energy Fuels (NYSEAMERICAN:UUUU) Price Target to $10.75

Energy Fuels (NYSEAMERICAN:UUUU - Free Report) had its price target reduced by HC Wainwright from $11.00 to $10.75 in a research report sent to investors on Friday morning,Benzinga reports. HC Wainwright currently has a buy rating on the stock.

Separately, Roth Mkm upgraded Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price objective for the company in a research report on Friday.

Energy Fuels Price Performance

NYSEAMERICAN:UUUU traded down $0.32 during midday trading on Friday, reaching $3.80. 14,684,802 shares of the company traded hands, compared to its average volume of 8,124,839. Energy Fuels has a twelve month low of $3.78 and a twelve month high of $7.47. The firm has a market capitalization of $755.02 million, a price-to-earnings ratio of -17.27 and a beta of 1.68. The company has a fifty day moving average price of $5.37 and a 200 day moving average price of $5.57.

Insider Activity at Energy Fuels

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the sale, the director now owns 178,380 shares of the company's stock, valued at $970,387.20. The trade was a 5.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alex G. Morrison sold 17,500 shares of Energy Fuels stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total value of $100,100.00. Following the sale, the director now directly owns 165,528 shares in the company, valued at $946,820.16. The trade was a 9.56 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.92% of the company's stock.

Institutional Trading of Energy Fuels

A number of hedge funds and other institutional investors have recently modified their holdings of UUUU. Creative Planning bought a new stake in shares of Energy Fuels in the 3rd quarter worth $57,000. Private Advisor Group LLC raised its stake in shares of Energy Fuels by 8.7% in the 3rd quarter. Private Advisor Group LLC now owns 89,124 shares of the company's stock worth $489,000 after buying an additional 7,122 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Energy Fuels in the 3rd quarter worth $91,000. Van ECK Associates Corp raised its stake in shares of Energy Fuels by 84.8% in the 3rd quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company's stock worth $12,961,000 after buying an additional 1,083,480 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of Energy Fuels in the 3rd quarter worth $104,000. Institutional investors own 48.24% of the company's stock.

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.