HC Wainwright Issues Positive Forecast for Energy Fuels (NYSE:UUUU) Stock Price

Energy Fuels (NYSE:UUUU - Free Report) had its target price hoisted by HC Wainwright from $10.75 to $11.00 in a research report released on Monday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

Separately, Roth Mkm boosted their price objective on shares of Energy Fuels from $4.75 to $6.00 and gave the company a "neutral" rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Energy Fuels has a consensus rating of "Hold" and an average price target of $8.50.

Energy Fuels Stock Performance

UUUU stock traded up $0.03 during trading on Monday, hitting $5.63. 4,846,633 shares of the company traded hands, compared to its average volume of 3,085,770. The company has a 50-day moving average of $5.44 and a 200-day moving average of $5.67. Energy Fuels has a 1 year low of $4.19 and a 1 year high of $8.68. The firm has a market capitalization of $1.09 billion, a PE ratio of -24.86 and a beta of 1.60.

Energy Fuels (NYSE:UUUU - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.02). Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.12%. The company had revenue of $4.05 million for the quarter, compared to analysts' expectations of $5.10 million. Sell-side analysts expect that Energy Fuels will post -0.11 EPS for the current year.

Institutional Trading of Energy Fuels

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UUUU. Principal Financial Group Inc. lifted its position in shares of Energy Fuels by 14.3% in the 1st quarter. Principal Financial Group Inc. now owns 21,111 shares of the company's stock worth $133,000 after purchasing an additional 2,639 shares during the period. ProShare Advisors LLC lifted its holdings in Energy Fuels by 10.8% in the first quarter. ProShare Advisors LLC now owns 28,816 shares of the company's stock worth $181,000 after buying an additional 2,798 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in Energy Fuels by 14.6% in the second quarter. Sequoia Financial Advisors LLC now owns 23,628 shares of the company's stock worth $143,000 after buying an additional 3,014 shares during the period. Vontobel Holding Ltd. boosted its position in Energy Fuels by 12.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company's stock valued at $187,000 after acquiring an additional 3,752 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Energy Fuels by 261.7% during the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company's stock worth $33,000 after acquiring an additional 4,321 shares during the period. 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.