This Week’s Hot Stock: Energy Fuels Inc. (UUUU)

The stock of Energy Fuels Inc. (AMEX:UUUU) increased by $0.02 on Wednesday to $8.20, up 0.31 percent. The last five days have seen an average of 4,325,087 shares of common stock traded. 18 times new highs were reached in the current year, with a gain of $2.00. The average number of shares traded over the last 20 days was 2,726,592, while the average volume over the last 50 days totaled 2,342,041.

UUUU stock appreciated 17.21% since last month. On 08/21/23, the company’s shares reached a one-month low of $6.50. The stock touched a high of $8.70 on 09/19/23, after rallying from a low of $4.85 in 52 weeks. The price of UUUU stock has risen by 32.13% or $2.00 this year, reaching a new high 18 times. Still, the stock price is down -5.69% from the 52-week high.

Insider Transactions

UUUU stock investors should be aware that Energy Fuels Inc. (UUUU) stock had its last reported insider trading activity 96 days ago on Jun 16. On Jun 16, Senior VP Marketing and Moore Curtis sold 9,800 shares at $6.37 each. This transaction resulted in the insider making $62,436. On Jun 13, Moore Curtis sold 14,500 shares at a price of US$6.90. After the transaction, the insider now owns 92,778 shares. Director Filas Barbara Appelin had earlier sold 10,000 shares on Jun 06 for $6.25 a share. The transaction was completed for $62,500.

Valuation Metrics

Energy Fuels Inc. (UUUU) has a trailing price-to-earnings (P/E) ratio of 15.93. Beta for the stock is 1.65. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 42.09, the price-to-book (PB) ratio of 3.70.

Financial Health

For the three months ended June 29, Energy Fuels Inc.’s quick ratio was 19.20, while its current ratio was 25.10, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 52.10% percent. Based on annual data, it had gross profit of -$44.94 million and revenue of $12.52 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. UUUU’s return on assets (ROA) during the last 12 months has been 25.30%. There was a -18.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 27.40%.

Earnings Surprise

According to Energy Fuels Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $6.86 million, while revenues rose by 5.69% to $19.61 million. It was predicted that Energy Fuels Inc.’s quarterly earnings would be -$0.03, but it ended up being -$0.05. EBITDA was -$10.0 million for the quarter. At the end of Energy Fuels Inc.’s most recent quarter ended June 29, its liabilities totaled 16.93 million, while its total debt was $1.34 million. Equity owned by shareholders amounts to $158.25 million.

Technical Picture

Here’s a quick look at Energy Fuels Inc.’s (UUUU) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 66.87%, suggesting the stock is Neutral, with a 45.46% historical volatility rate.

The stochastic %K and %D were 79.55% and 88.61% respectively, while the average true range (ATR) was 0.35. Based on the 14-day stochastic reading of 70.83%, the RSI (14) reading is 67.34%. On the 9-day MACD Oscillator, the stock is at 0.38, and the 14-day reading is at 0.60.

Analyst Ratings

In its most recent analyst report, Noble Capital Markets raised its rating on Energy Fuels Inc. (AMEX: UUUU) to an Outperform. Prior to this, analysts firm rated the stock as a Market perform. Analysts have assigned Energy Fuels Inc. (UUUU) an Buy rating. UUUU is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 8 others recommend it as a buy.

What is UUUU’s price target for the next 12 months?

The current consensus forecast for the stock is between $8.50 and $12.33, with a median target price of $9.86. In analyzing these forecasts, the average price target given by analysts for Energy Fuels Inc. (UUUU) is $9.83.

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