Things To Consider Before Buying Energy Fuels Inc (AMEX: UUUU)

Energy Fuels Inc (AMEX:UUUU) shares, rose in value on Friday, January 03, with the stock price down by -0.35% to the previous day’s close as strong demand from buyers drove the stock to $5.66.

Actively observing the price movement in the recent trading, the stock is buoying the session at $5.68, falling within a range of $5.6 and $5.77. The value of beta (5-year monthly) is 1.538. Referring to stock’s 52-week performance, its high was $8.21, and the low was $4.19. On the whole, UUUU has fluctuated by -18.91% over the past month.

With the market capitalization of Energy Fuels Inc currently standing at about $1.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 109.04M, with a low estimate of 61.38M and a high estimate of 64.17M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 62.77M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UUUU’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about N/A, with the price of UUUU currently trading nearly -1.61% and -9.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.47, while the 7-day volatility ratio is showing 4.36% which for the 30-day chart, stands at 4.51%. Furthermore, Energy Fuels Inc (UUUU)’s beta value is 1.68, and its average true range (ATR) is 0.28.

A comparison of Energy Fuels Inc (UUUU) with its peers suggests the former has fared considerably weaker in the market. UUUU showed an intraday change of -0.35% in today’s session so far, and over the past year, it shrunk by -17.01%%.

Data on historical trading for Energy Fuels Inc (AMEX:UUUU) indicates that the trading volumes over the past 10 days have averaged 4.39 and over the past 3 months, they’ve averaged 4.27 million. According to company’s latest data on outstanding shares, there are 196.60 million shares outstanding.

Nearly 2.90% of Energy Fuels Inc’s shares belong to company insiders and institutional investors own 61.01% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 30.05 million shares as on 2024-12-13, resulting in a short ratio of 6.52. According to the data, the short interest in Energy Fuels Inc (UUUU) stood at 1553.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 33.53 million. The stock has risen by 10.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UUUU stock heading into the next quarter.

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