Is Centrus Energy Corp (AMEX: LEU) A Suitable Stock For New Investors Today?

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Centrus Energy Corp (AMEX:LEU) shares, rose in value on Friday, February 14, with price down by -3.21% to the previous day’s close as strong demand from buyers drove the stock to $113.99.

Actively observing the price movement in the last trading, the stock closed the session at $117.77, falling within a range of $112.5 and $117.69. The value of beta (5-year monthly) was 1.179 whereas the PE ratio was 25.92 over 12-month period. Referring to stock’s 52-week performance, its high was $122.94, and the low was $33.51. On the whole, LEU has fluctuated by 54.84% over the past month.

With the market capitalization of Centrus Energy Corp currently standing at about $1.91 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 427.2M, with a low estimate of 60M and a high estimate of 73.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 67.03M.

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

The stock’s technical analysis shows that the price of LEU currently trading nearly 22.19% and 40.68% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.76, while the 7-day volatility ratio is showing 8.59% which for the 30-day chart, stands at 9.03%. Furthermore, Centrus Energy Corp (LEU)’s beta value is 1.37, and its average true range (ATR) is 8.55.

A comparison of Centrus Energy Corp (LEU) with its peers suggests the former has fared considerably weaker in the market. LEU showed an intraday change of -3.21% in last session, and over the past year, it grew by 150.97%%.

Data on historical trading for Centrus Energy Corp (AMEX:LEU) indicates that the trading volumes over the past 10 days have averaged 1.22 and over the past 3 months, they’ve averaged 914.29K. According to company’s latest data on outstanding shares, there are 16.05 million shares outstanding.

Nearly 8.49% of Centrus Energy Corp’s shares belong to company insiders and institutional investors own 60.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.26 million shares as on 2025-01-31, resulting in a short ratio of 4.3. According to the data, the short interest in Centrus Energy Corp (LEU) stood at 2035.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 3.47 million. The stock has risen by 71.13% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LEU stock heading into the next quarter.

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