Shares of Paladin Energy Ltd (OTCMKTS:PALAF – Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.80 and traded as low as $3.94. Paladin Energy shares last traded at $3.96, with a volume of 104,610 shares trading hands.
Wall Street Analyst Weigh In
Separately, UBS Group downgraded Paladin Energy from a “strong-buy” rating to a “hold” rating in a report on Saturday, January 25th.
Check Out Our Latest Stock Analysis on Paladin Energy
Paladin Energy Trading Up 1.7 %
About Paladin Energy
Paladin Energy Ltd develops, explores for, owns, and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Limited in November 2007.
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