Berenberg Bank Reiterates Buy Rating for Yellow Cake (LON:YCA)

Berenberg Bank reaffirmed their buy rating on shares of Yellow Cake (LON:YCA) in a research report sent to investors on Tuesday morning, Digital Look reports. They currently have a GBX 722 ($9.54) price objective on the stock.

Yellow Cake Stock Down 0.4 %

Shares of LON YCA opened at GBX 530 ($7.00) on Tuesday. The stock has a market capitalization of £1.15 billion, a price-to-earnings ratio of 199.25 and a beta of 0.27. The stock’s fifty day simple moving average is GBX 526.54 and its 200 day simple moving average is GBX 591.41. Yellow Cake has a 52-week low of GBX 480.20 ($6.34) and a 52-week high of GBX 749.50 ($9.90).

Yellow Cake Company Profile

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.