Myriad Asset Management US LP bought a new position in Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 28,093 shares of the basic materials company's stock, valued at approximately $1,444,000.
Other hedge funds also recently bought and sold shares of the company. Pingora Partners LLC bought a new position in Cameco in the 3rd quarter worth $33,000. First Horizon Advisors Inc. lifted its stake in Cameco by 84.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company's stock worth $37,000 after purchasing an additional 351 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Cameco in the 3rd quarter worth $38,000. MassMutual Private Wealth & Trust FSB lifted its stake in Cameco by 48.6% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company's stock worth $42,000 after purchasing an additional 267 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted its stake in Cameco by 130.6% in the 3rd quarter. JFS Wealth Advisors LLC now owns 971 shares of the basic materials company's stock worth $46,000 after purchasing an additional 550 shares in the last quarter. Institutional investors own 70.21% of the company's stock.
Cameco Price Performance
CCJ stock traded up $0.68 during mid-day trading on Tuesday, hitting $47.87. The company had a trading volume of 4,681,268 shares, compared to its average volume of 4,564,565. The company has a market capitalization of $20.84 billion, a price-to-earnings ratio of 251.93 and a beta of 0.94. Cameco Co. has a 12-month low of $35.43 and a 12-month high of $62.55. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average price of $51.59 and a 200 day moving average price of $49.59.
Cameco Company Profile
(
Free Report)
Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.
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