Energy Fuels (NYSEAMERICAN:UUUU) Reaches New 52-Week Low – Should You Sell?

Energy Fuels Inc (NYSEAMERICAN:UUUU – Get Free Report)’s share price hit a new 52-week low on Tuesday. The company traded as low as $9.60 and last traded at $9.66, with a volume of 5,824,336 shares. The stock had previously closed at $9.96.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UUUU. B. Riley Financial decreased their price objective on Energy Fuels from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Zacks Research upgraded Energy Fuels from a “strong sell” rating to a “hold” rating in a research note on Friday, October 9th. HC Wainwright increased their target price on Energy Fuels from $29.00 to $29.25 and gave the stock a “buy” rating in a research report on Tuesday, September 1st. BMO Capital Markets started coverage on Energy Fuels in a research note on Friday, August 14th. They issued an “outperform” rating and a $18.00 price target on the stock. Finally, UBS Group raised Energy Fuels to a “neutral” rating in a research note on Friday, August 14th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Energy Fuels presently has an average rating of “Moderate Buy” and an average price target of $21.85.

Read Our Latest Stock Report on Energy Fuels

Energy Fuels Price Performance

The business’s 50-day moving average is $12.89 and its two-hundred day moving average is $15.28. The company has a current ratio of 27.90, a quick ratio of 25.87 and a debt-to-equity ratio of 0.85.

Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.09). Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.29%. The company had revenue of $25.11 million during the quarter. As a group, sell-side analysts expect that Energy Fuels Inc will post -0.25 earnings per share for the current year.

Institutional Investors Weigh In On Energy Fuels

Institutional investors and hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC boosted its stake in shares of Energy Fuels by 17.1% in the first quarter. Sound Income Strategies LLC now owns 4,100 shares of the company’s stock valued at $74,000 after purchasing an additional 600 shares during the period. Wealthfront Advisers LLC grew its holdings in Energy Fuels by 3.6% during the 1st quarter. Wealthfront Advisers LLC now owns 19,697 shares of the company’s stock valued at $359,000 after purchasing an additional 677 shares in the last quarter. Abel Hall LLC grew its holdings in Energy Fuels by 6.6% during the 1st quarter. Abel Hall LLC now owns 13,737 shares of the company’s stock valued at $251,000 after purchasing an additional 856 shares in the last quarter. Principal Financial Group Inc. increased its stake in Energy Fuels by 9.6% during the 1st quarter. Principal Financial Group Inc. now owns 11,856 shares of the company’s stock worth $216,000 after buying an additional 1,043 shares during the period. Finally, Public Employees Retirement System of Ohio increased its stake in Energy Fuels by 2.0% during the 1st quarter. Public Employees Retirement System of Ohio now owns 52,779 shares of the company’s stock worth $965,000 after buying an additional 1,059 shares during the period. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Energy Fuels Company Profile

(Get Free Report)

Energy Fuels Inc is a U.S.-based critical minerals company focused on uranium, rare earth elements and vanadium. The company produces uranium concentrate, commonly known as yellowcake, for the nuclear energy industry and maintains a portfolio of uranium mines, mining projects and mineral properties primarily in the United States.

Energy Fuels owns and operates the White Mesa Mill in Utah, which it describes as the only conventional uranium mill currently operating in the United States.

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