Energy Fuels (NYSEAMERICAN:UUUU) Reaches New 52-Week Low – Here’s What Happened

Energy Fuels Inc. (NYSEAMERICAN:UUUU)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as $3.74 and last traded at $4.04, with a volume of 17576573 shares changing hands. The stock had previously closed at $3.80.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Roth Mkm upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target on the stock in a report on Friday, February 28th. Roth Capital raised Energy Fuels from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th. Finally, HC Wainwright lowered their price target on Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a report on Friday, February 28th.

Energy Fuels Stock Up 0.7 %

The firm has a market capitalization of $832.51 million, a PE ratio of -19.05 and a beta of 1.68. The stock has a 50-day moving average price of $5.33 and a 200 day moving average price of $5.56.

Insider Transactions at Energy Fuels

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

Institutional Investors Weigh In On Energy Fuels

Several large investors have recently bought and sold shares of UUUU. Van ECK Associates Corp boosted its position in shares of Energy Fuels by 104.9% during the 4th quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after acquiring an additional 2,477,539 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Energy Fuels by 18.5% during the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company’s stock worth $38,316,000 after acquiring an additional 1,164,973 shares in the last quarter. Focus Partners Wealth acquired a new position in shares of Energy Fuels during the 4th quarter worth about $5,467,000. Summit Financial LLC acquired a new position in shares of Energy Fuels during the 4th quarter worth about $4,840,000. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Energy Fuels by 233.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock worth $4,966,000 after acquiring an additional 632,713 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

About Energy Fuels

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.