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Yellow Cake (LON:YCA) Sets New 12-Month Low - Should You Sell?

Yellow Cake logo with Energy background

Yellow Cake plc (LON:YCA - Get Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as GBX 458 ($5.76) and last traded at GBX 459.56 ($5.78), with a volume of 566959 shares trading hands. The stock had previously closed at GBX 466 ($5.87).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and set a GBX 712 ($8.96) target price on shares of Yellow Cake in a report on Tuesday, January 28th.

Get Our Latest Research Report on Yellow Cake

Yellow Cake Stock Performance

The business's 50 day simple moving average is GBX 502.13 and its 200-day simple moving average is GBX 528.86. The stock has a market capitalization of £990.17 million, a price-to-earnings ratio of 1.71 and a beta of 0.27.

About Yellow Cake

(Get Free Report)

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.

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