Energy Fuels Inc (AMEX:UUUU) Stock Is up 51.87% From Its Low, This Stock Is Just Warming Up

The trading price of Energy Fuels Inc (AMEX:UUUU) closed lower on Monday, December 09, and closing at $6.37, -4.78% lower than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $6.37 and $6.84. In examining the 52-week price action we see that the stock hit a 52-week high of $8.21 and a 52-week low of $4.19. Over the past month, the stock has gained 0.31% in value.

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Energy Fuels Inc, whose market valuation is $1.25 billion at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable.

On the technical side, indicators suggest UUUU has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned UUUU a recommendation rating is 2. Out of them, 0 rate it a Hold, while 2 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Energy Fuels Inc (UUUU) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that UUUU’s price is currently -7.01% off the SMA20 and 0.32% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.01, and weekly volatility stands at 5.17%. When measured over the past 30 days, the indicator reaches 5.75%. Energy Fuels Inc (AMEX:UUUU)’s beta value is currently sitting at 1.65, while the Average True Range indicator is currently displaying 0.38. With analysts defining $10.5-$10.5 as the low and high price targets, we arrive at a consensus price target of $10.5 for the trailing 12-month period. The current price is about -64.84% off the estimated low and -64.84% off the forecast high, based on this estimate. Investors will be thrilled if UUUU’s share price rises to $10.5, which is the median consensus price. At that level, UUUU’s share price would be -64.84% below current price.

To see how Energy Fuels Inc stock has been performing in comparison to its peers in the industry, here are the numbers: UUUU stock’s performance was -4.78% in the latest trading, and -12.86% in the past year.

An evaluation of the daily trading volume of Energy Fuels Inc (AMEX:UUUU) indicates that the 3-month average is 4.08 million. However, this figure has increased over the past 10 days to an average of 4.69.

Currently, records show that 196.60 million of the company’s shares remain outstanding. The insiders hold 2.94% of outstanding shares, whereas institutions hold 60.96%. The stats also highlight that short interest as of 2024-11-15, stood at 33.53 million shares, resulting in a short ratio of 7.44 at that time. From this, we can conclude that short interest is 1733.00 of the company’s total outstanding shares. It is noteworthy that short shares in November were up slightly from the previous month’s figure, which was 30.94 million. However, since the stock’s price has seen -11.40% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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