Yellow Cake (LON:YCA) Trading Down 3.2% – Here’s What Happened

Yellow Cake plc (LON:YCA) shares traded down 3.2% on Monday . The company traded as low as GBX 415 ($5.39) and last traded at GBX 418.60 ($5.44). 2,255,489 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 1,846,240 shares. The stock had previously closed at GBX 432.60 ($5.62).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 712 ($9.25) price objective on shares of Yellow Cake in a research note on Tuesday, January 28th.

Yellow Cake Trading Down 1.1 %

The firm has a market cap of £929.48 million, a PE ratio of 1.61 and a beta of 0.27. The company’s 50-day moving average is GBX 458.49 and its 200 day moving average is GBX 512.12.

About Yellow Cake

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.