Energy Fuels (NYSE:UUUU) Stock Price Down 4.1% on Analyst Downgrade

Energy Fuels Inc. (NYSE:UUUU - Get Free Report)'s stock price was down 4.1% during mid-day trading on Monday after Roth Mkm lowered their price target on the stock from $6.00 to $5.50. Roth Mkm currently has a neutral rating on the stock. Energy Fuels traded as low as $5.33 and last traded at $5.37. Approximately 1,492,448 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 3,070,022 shares. The stock had previously closed at $5.60.

Separately, HC Wainwright upped their price target on shares of Energy Fuels from $10.75 to $11.00 and gave the company a "buy" rating in a research report on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $8.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in UUUU. MMCAP International Inc. SPC increased its position in Energy Fuels by 56.5% during the 1st quarter. MMCAP International Inc. SPC now owns 5,780,394 shares of the company's stock valued at $36,359,000 after buying an additional 2,087,385 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Energy Fuels by 84.8% during the third quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company's stock valued at $12,961,000 after buying an additional 1,083,480 shares during the last quarter. Lloyd Harbor Capital Management LLC purchased a new position in Energy Fuels in the 2nd quarter worth approximately $2,787,000. Vident Advisory LLC raised its holdings in Energy Fuels by 30.8% in the 1st quarter. Vident Advisory LLC now owns 1,507,537 shares of the company's stock worth $9,482,000 after acquiring an additional 355,242 shares during the last quarter. Finally, Stanley Laman Group Ltd. lifted its position in Energy Fuels by 65.2% in the 3rd quarter. Stanley Laman Group Ltd. now owns 785,521 shares of the company's stock valued at $4,313,000 after acquiring an additional 309,958 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company's stock.

Energy Fuels Trading Up 0.5 %

The firm has a 50 day simple moving average of $5.44 and a 200 day simple moving average of $5.67. 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 the consensus estimate 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. Research analysts forecast that Energy Fuels Inc. will post -0.11 earnings per share for the current year.

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.