Energy Fuels (NYSEAMERICAN:UUUU) Stock Price Up 9.7% – Time to Buy?

Energy Fuels Inc. (NYSEAMERICAN:UUUU)’s stock price traded up 9.7% during mid-day trading on Friday . The company traded as high as $4.48 and last traded at $4.41. 7,042,368 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 7,662,057 shares. The stock had previously closed at $4.02.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. HC Wainwright lowered their price target on Energy Fuels from $11.00 to $10.75 and set a “buy” rating on the stock in a research note on Friday. Roth Capital upgraded Energy Fuels from a “hold” rating to a “strong-buy” rating in a research report on Friday. Finally, Roth Mkm upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective on the stock in a research report on Friday.

Energy Fuels Stock Up 2.5 %

The stock has a market cap of $818.60 million, a PE ratio of -18.73 and a beta of 1.68. The stock has a 50-day moving average of $5.37 and a 200 day moving average of $5.57.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total value of $54,400.00. Following the sale, the director now owns 178,380 shares in the company, valued at $970,387.20. The trade was a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alex G. Morrison sold 17,500 shares of Energy Fuels stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total value of $100,100.00. Following the completion of the sale, the director now owns 165,528 shares in the company, valued at $946,820.16. This represents a 9.56 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.92% of the company’s stock.

Institutional Investors Weigh In On Energy Fuels

Institutional investors and hedge funds have recently modified their holdings of the company. AlphaMark Advisors LLC purchased a new stake in shares of Energy Fuels in the 4th quarter valued at $25,000. Sterling Capital Management LLC raised its holdings in shares of Energy Fuels by 793.4% in the 4th quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock valued at $30,000 after buying an additional 5,260 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Energy Fuels by 65.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock worth $32,000 after purchasing an additional 2,442 shares in the last quarter. Lionstone Capital Management LLC acquired a new position in Energy Fuels during the 4th quarter worth $35,000. Finally, Signaturefd LLC grew its stake in Energy Fuels by 48.5% during the 4th quarter. Signaturefd LLC now owns 8,870 shares of the company’s stock worth $46,000 after purchasing an additional 2,898 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.