Yellow Cake (LON:YCA) Hits New 52-Week Low – What’s Next?

Yellow Cake plc (LON:YCA) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 437.47 ($5.52) and last traded at GBX 444.55 ($5.61), with a volume of 945812 shares. The stock had previously closed at GBX 446.80 ($5.64).

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 712 ($8.99) price target on shares of Yellow Cake in a research report on Tuesday, January 28th.

Yellow Cake Stock Up 1.6 %

The firm has a market capitalization of £969.36 million, a PE ratio of 1.68 and a beta of 0.27. The company has a 50-day moving average of GBX 492.24 and a 200 day moving average of GBX 525.85.

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.