Energy Fuels (NYSEAMERICAN:UUUU) Rating Increased to Strong-Buy at B. Riley

Energy Fuels (NYSEAMERICAN:UUUU) was upgraded by research analysts at B. Riley to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also issued reports about the company. HC Wainwright dropped their price target on Energy Fuels from $10.75 to $10.00 and set a “buy” rating for the company in a research note on Friday, May 9th. Roth Capital lowered Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 price target for the company. in a research note on Friday, July 11th.

Energy Fuels Stock Up 3.0%

Shares of NYSEAMERICAN:UUUU opened at $9.48 on Tuesday. Energy Fuels has a 52-week low of $3.20 and a 52-week high of $9.62. The stock’s fifty day simple moving average is $5.99 and its 200-day simple moving average is $5.17. The company has a market capitalization of $1.88 billion, a P/E ratio of -22.05 and a beta of 1.68.

Insider Activity

In related news, VP Timothy James Carstens sold 210,612 shares of Energy Fuels stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $5.45, for a total value of $1,147,835.40. Following the transaction, the vice president directly owned 517,029 shares in the company, valued at $2,817,808.05. The trade was a 28.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders sold 218,597 shares of company stock worth $1,192,142. 1.77% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Energy Fuels

A number of hedge funds have recently modified their holdings of the stock. Sterling Capital Management LLC boosted its position in shares of Energy Fuels by 793.4% in the fourth quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock worth $30,000 after buying an additional 5,260 shares during the period. Lionstone Capital Management LLC acquired a new stake in shares of Energy Fuels in the fourth quarter worth $35,000. Byrne Asset Management LLC boosted its position in shares of Energy Fuels by 114.6% in the first quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock worth $29,000 after buying an additional 4,127 shares during the period. Signaturefd LLC boosted its position in shares of Energy Fuels by 119.8% in the second quarter. Signaturefd LLC now owns 9,163 shares of the company’s stock worth $53,000 after buying an additional 4,994 shares during the period. Finally, Motley Fool Wealth Management LLC acquired a new stake in shares of Energy Fuels in the fourth quarter worth $51,000. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.