Energy Fuels Inc. (NYSE:UUUU - Get Free Report)'s stock price dropped 4.5% during trading on Tuesday . The company traded as low as $6.49 and last traded at $6.63. Approximately 1,532,573 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 3,044,594 shares. The stock had previously closed at $6.94.
Analyst Ratings Changes
Separately, HC Wainwright lifted their target price on shares of Energy Fuels from $10.50 to $10.75 and gave the stock a "buy" rating in a research report on Tuesday, October 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $8.67.
View Our Latest Stock Analysis on UUUU
Energy Fuels Stock Performance
The business's 50-day moving average price is $5.20 and its 200-day moving average price is $5.69. The stock has a market cap of $1.08 billion, a P/E ratio of -95.57 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. The firm had revenue of $8.72 million during the quarter, compared to the consensus estimate of $3.85 million. Energy Fuels had a negative net margin of 27.23% and a negative return on equity of 6.56%. As a group, equities research analysts expect that Energy Fuels Inc. will post -0.11 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Lynx Investment Advisory bought a new position in Energy Fuels in the 2nd quarter worth $30,000. Eastern Bank purchased a new stake in Energy Fuels in the 3rd quarter worth $27,000. Ashton Thomas Private Wealth LLC purchased a new stake in Energy Fuels in the 2nd quarter worth $31,000. Signaturefd LLC lifted its stake in Energy Fuels by 261.7% in the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company's stock worth $33,000 after purchasing an additional 4,321 shares in the last quarter. Finally, Xponance Inc. purchased a new stake in Energy Fuels in the 2nd quarter worth $61,000. Institutional investors own 48.24% of the company's stock.
About Energy Fuels
(
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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.
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