Free Trial

Energy Fuels (NYSE:UUUU) Shares Gap Down - What's Next?

Energy Fuels logo with Basic Materials background

Energy Fuels Inc. (NYSE:UUUU - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $6.02, but opened at $5.88. Energy Fuels shares last traded at $5.84, with a volume of 1,339,073 shares.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. HC Wainwright upped their price objective on shares of Energy Fuels from $10.50 to $10.75 and gave the company a "buy" rating in a report on Tuesday, October 8th. Roth Mkm raised their price target 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 research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $8.58.

Check Out Our Latest Report on UUUU

Energy Fuels Trading Down 7.0 %

The company's fifty day moving average is $5.43 and its 200 day moving average is $5.69. The company has a market cap of $1.09 billion, a P/E ratio of -70.50 and a beta of 1.61.

Energy Fuels (NYSE:UUUU - Get Free Report) last issued its quarterly earnings data on Friday, August 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.02. Energy Fuels had a negative net margin of 27.23% and a negative return on equity of 6.56%. The business had revenue of $8.72 million for the quarter, compared to the consensus estimate of $3.85 million. Analysts anticipate that Energy Fuels Inc. will post -0.11 EPS for the current year.

Institutional Trading of Energy Fuels

Large investors have recently made changes to their positions in the stock. Eastern Bank purchased a new position in Energy Fuels during the third quarter valued at $27,000. Lynx Investment Advisory purchased a new position in Energy Fuels during the second quarter worth $30,000. Ashton Thomas Private Wealth LLC bought a new position in Energy Fuels during the 2nd quarter valued at about $31,000. Signaturefd LLC lifted its stake 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 last quarter. Finally, Creative Planning purchased a new stake in shares of Energy Fuels during the third quarter valued at $57,000. 48.24% of the stock is currently owned by institutional investors.

About Energy Fuels

(Get Free Report)

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.

Recommended Stories

Should you invest $1,000 in Energy Fuels right now?

Before you consider Energy Fuels, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Energy Fuels wasn't on the list.

While Energy Fuels currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines