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Paladin Energy (OTCMKTS:PALAF) Hits New 1-Year Low - Should You Sell?

Paladin Energy logo with Basic Materials background

Paladin Energy Ltd (OTCMKTS:PALAF - Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as $2.40 and last traded at $2.68, with a volume of 292287 shares changing hands. The stock had previously closed at $2.67.

Analysts Set New Price Targets

PALAF has been the subject of several recent research reports. UBS Group cut shares of Paladin Energy from a "strong-buy" rating to a "hold" rating in a research report on Saturday, January 25th. Jefferies Financial Group downgraded shares of Paladin Energy to a "hold" rating in a research report on Wednesday, March 26th.

Check Out Our Latest Stock Report on PALAF

Paladin Energy Stock Performance

The stock's fifty day moving average price is $4.05 and its 200 day moving average price is $5.30. The company has a quick ratio of 1.50, a current ratio of 4.02 and a debt-to-equity ratio of 0.34.

About Paladin Energy

(Get Free Report)

Paladin Energy Ltd develops, explores for, owns, and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Limited in November 2007.

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