Energy Fuels Inc (AMEX:UUUU) price on current trading day, rose 5.55% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.90.
A look at the stock’s price movement, the close in the last trading session was $5.59, moving within a range at $5.59 and $5.92. The beta value (5-Year monthly) was 1.525. Turning to its 52-week performance, $8.68 and $4.19 were the 52-week high and 52-week low respectively. Overall, UUUU moved 34.09% over the past month.
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Energy Fuels Inc’s market cap currently stands at around $965.65 million, with investors looking forward to this quarter’s earnings report slated for in November.
Analysts have a consensus estimate of 5.1M for the company’s revenue for the quarter, with a low and high estimate of 900k and 9.3M respectively. The average forecast suggests down to a -53.60% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 50.3M, representing a 32.60% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that UUUU is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend UUUU as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
UUUU’s current price about 18.57% and 19.42% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 69.96, while 7-day volatility ratio is 4.79% and 5.05% in the 30-day chart. Further, Energy Fuels Inc (UUUU) has a beta value of 1.61, and an average true range (ATR) of 0.26. Analysts have given the company’s stock an average 52-week price target of $9.5, forecast between a low of $9 and high of $10.5. Looking at the price targets, the low is -52.54% off current price level while to achieve the yearly target high, price needs to move -77.97%. Nonetheless, investors will most likely welcome a -61.02% jump to $9.5 which is the analysts’ median price.
If we refocus on Energy Fuels Inc (AMEX:UUUU), historical trading data shows that trading volumes averaged 3.5 over the past 10 days and 2.86 million over the past 3 months. The company’s latest data on shares outstanding shows there are 162.66 million shares.
The 2.91% of Energy Fuels Inc’s shares are in the hands of company insiders while institutional holders own 53.61% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 28.74 million on 2024-09-13, giving us a short ratio of 9.86. The data shows that as of 2024-09-13 short interest in Energy Fuels Inc (UUUU) stood at 1789.9999 of shares outstanding, with shares short rising to 26.27 million registered in 2024-08-15. Current price change has pushed the stock -17.94% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UUUU stock continues to rise going into the next quarter.
