As of Friday close, Cameco Corporation’s (NYSE:CCJ) stock was up $0.33, moving up 1.34 percent to $24.94. The average number of shares traded per day over the past five days has been 5,058,060 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.51 fall in that time frame. In the last twenty days, the average volume was 4,624,825, while in the previous 50 days, it was 4,747,596.
Since last month, CCJ stock retreated -15.80%. Shares of the company fell to $23.69 on 03/15/23, the lowest level in the past month. A 52-week high of $32.49 was reached on 02/15/23 after having rallying from a 52-week low of $20.01. Since the beginning of this year, CCJ’s stock price has risen by 10.01% or $2.27, and marked a new high 18 times. However, the stock has declined by -23.24% since its 52-week high.
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Right now, Cameco Corporation (CCJ) has a P/E ratio of about 153.01. The stock’s beta is 0.96. Besides these, the trailing price-to-sales (P/S) ratio of 8.25, the price-to-book (PB) ratio of 2.52, and the price-to-cash flow ratio of 95.55 may also be considered.
The latest dividend of $0.0940 per share was paid out, which is 44.84% more than last year’s $0.0649. On Wednesday February 9 2022, a $0.0291 dividend increase was announced.
In the three months ended December 30, Cameco Corporation’s quick ratio stood at 4.70, while its current ratio was 5.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.17, and the total debt-to-equity ratio was 0.17. On the profitability front, the trailing twelve-month gross margin is 12.50% percent. In the year ended December 30, operating margins totaled 2.00%. Based on annual data, CCJ earned $315.88 million in gross profit and brought in $1.44 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.60%. Return on equity (ROE) for the past 12 months was 1.70%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CCJ’s revenue fell -12.28% during the quarter, while net income inched up to $1.43 billion. While analysts expected Cameco Corporation to report $0.04 quarterly earnings, the actual figure was $0.07 per share, beating the consensus estimate by 75.00%. During the quarter, the company generated $52.94 million in EBITDA. The liabilities of Cameco Corporation were 1.98 billion at the end of its most recent quarter ended December 30, and its total debt was $1.09 billion.
This quick technical analysis looks at Cameco Corporation’s (CCJ) price momentum. With a historical volatility rate of 31.93%, the RSI 9-day stood at 33.83% on 17 March.
With respect to its five-day moving average, the current Cameco Corporation price is down by -2.00% percent or -$0.51. At present, CCJ shares trade -13.25% below its 20-day simple moving average and +4.79% percent above its 100-day simple moving average. However, the stock is currently trading approximately +10.75% above its SMA50 and +1.92% above its SMA200.
Stochastic coefficient K was 19.29% and Stochastic coefficient D was 18.17%, while ATR was 1.00. Given the Stochastic reading of 25.56% for the 14-day period, the RSI (14) reading has been calculated as 37.63%. As of today, the MACD Oscillator reading stands at -0.81, while the 14-day reading stands at -1.63.