Cameco Corporation (NYSE:CCJ) finished Wednesday with an addition of $1.15 to close at $25.64, an upside of 4.70 percent. An average of 9,144,740 shares of common stock have been traded in the last five days. There was a gain of $3.97 in the past week. The last 20 days have seen an average of 9,119,130 shares traded, while the 50-day average volume stands at 7,802,636.
CCJ stock has increased by 5.43% in the last month. The company shares reached their 1-month lowest point of $19.91 on 09/24/21. With the stock rallying to its 52-week high on 09/13/21, shares of the company touched a low of $9.01 and a high of $26.57 in 52 weeks. In spite of this, the price is down -3.50% from the 52-week high.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Cameco Corporation (CCJ) has a trailing price-to-earnings (P/E) ratio of 22.80 for the broader industry and 19.70 for the sector. In the last five years, Cameco Corporation’s PE ratio has ranged between 2194.58 and 29.71. The stock’s beta is 0.87. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 8.52, the price-to-book (PB) ratio at 2.59, and the price-to-cash flow ratio at 42.98.
Cameco Corporation pays a $0.06 dividend per share annually. It offers a dividend yield of 0.23%. The company’s most recent quarterly dividend payment took place on Dec. 15, and it was $0.0609 a share, representing a down of -100.33 from $0.1220 last year. Its dividend has been increased for the last 1 consecutive years with the latest decrease dividend $0.0611 reported on Thursday November 5 2020. Dividends have grown by -80.28% each year over the last three years.
Cameco Corporation will next go ex-dividend on 29-Nov. The next dividend payment Cameco Corporation will make is expected to be $0.070.
The quick ratio of Cameco Corporation for the three months ended June 29 was 6.00, and the current ratio was 7.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.20 and a total debt to equity ratio of 0.20 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 3.60% against a 5-year average of 14.5%. Cameco Corporation’s EBITDA margin for the year ending June 29 is 8.61%, while its operating margin for the same period stands at -1.10%. Its gross profit as reported stood at $235.23 million compared to revenue of $1.34 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Cameco Corporation’s return on assets was -0.30%, compared to -0.2% over the last five years. In the past year, the return on investment has been -0.90%, and the 5-year average is 0.6%. Meanwhile, the return on equity (ROE) for the past 12 months has been -0.50% and the 5-year average holds at -0.3%. For the broader industry, ROE averaged 6.70 over the past year.
For the three-month period that ended June 29, Cameco Corporation had $2.81 million in cash. The analyst consensus anticipated Cameco Corporation’s latest quarter earnings to come in at -$0.04 per share, but it turned out to be -$0.08, a -100.00% surprise. For the quarter, EBITDA amounted to $2.5 million.
From a technical analysis perspective, let’s take a brief look at Cameco Corporation (CCJ) price momentum. RSI 9-day as of the close on 13 October was 74.50%, suggesting the stock is Overbought, with historical volatility in this time frame at 101.41%.
As of today, CCJ’s price is $23.08 +18.32% or $3.97 from its 5-day moving average. CCJ is currently trading +3.68% higher than its 20-day SMA and +31.69% higher than its 100-day SMA. However, the stock’s current price level is +47.95% above the SMA50 and +87.84% above the SMA200.
The stochastic %K and %D were 81.27% and 66.67%, respectively, and the average true range (ATR) was 1.42. With the 14-day stochastic at 95.98% and the average true range at 1.32, the RSI (14) stands at 69.95%. The stock has reached 1.33 on the 9-day MACD Oscillator while the 14-day reading was at 1.94.
TD Securities upgraded Cameco Corporation (NYSE: CCJ) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a a Hold.
What is CCJ’s price target for the next 12 months?
Analysts predict a range of price targets between $20.62 and $29.96, with a median target of $27.69. Taking a look at these predictions, the average price target given by analysts for Cameco Corporation (CCJ) stock is $26.26.