Yellow Cake plc (LON:YCA - Get Free Report) shares shot up 1.5% on Thursday . The stock traded as high as GBX 507 ($6.24) and last traded at GBX 500.50 ($6.16). 696,379 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 1,103,755 shares. The stock had previously closed at GBX 493.20 ($6.07).
Analysts Set New Price Targets
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 722 ($8.88) price objective on shares of Yellow Cake in a report on Tuesday, December 10th.
Read Our Latest Research Report on YCA
Yellow Cake Stock Up 0.2 %
The firm has a market capitalization of £1.09 billion, a price-to-earnings ratio of 192.15 and a beta of 0.27. The firm's 50 day moving average is GBX 525.95 and its 200 day moving average is GBX 540.85.
Yellow Cake Company Profile
(
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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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