Energy Fuels (NYSEAMERICAN:UUUU) Stock Price Up 5.6% – What’s Next?

Energy Fuels Inc. (NYSEAMERICAN:UUUU)’s stock price shot up 5.6% during trading on Monday . The company traded as high as $4.40 and last traded at $4.36. 840,201 shares were traded during mid-day trading, a decline of 89% from the average session volume of 7,950,492 shares. The stock had previously closed at $4.13.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on UUUU. Roth Mkm raised Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective on the stock in a research note on Friday, February 28th. Roth Capital set a $5.75 price objective on shares of Energy Fuels in a research note on Friday, February 28th. Finally, HC Wainwright lowered their target price on shares of 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 Trading Down 2.3 %

The stock has a 50 day moving average of $5.12 and a 200-day moving average of $5.53. The stock has a market capitalization of $844.43 million, a P/E ratio of -19.32 and a beta of 1.68.

Insider Transactions at Energy Fuels

In related news, Director Barbara Appelin Filas sold 10,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $4.15, for a total value of $41,500.00. Following the transaction, the director now owns 160,159 shares of the company’s stock, valued at $664,659.85. This represents a 5.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Daniel Kapostasy sold 12,350 shares of Energy Fuels stock in a transaction on Friday, March 14th. The shares were sold at an average price of $4.10, for a total value of $50,635.00. Following the sale, the vice president now directly owns 57,705 shares of the company’s stock, valued at approximately $236,590.50. This trade represents a 17.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,350 shares of company stock worth $146,535. 1.92% of the stock is currently owned by insiders.

Institutional Trading of Energy Fuels

Hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its holdings in Energy Fuels by 6.0% during the third quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company’s stock worth $161,000 after buying an additional 1,653 shares during the period. HighTower Advisors LLC boosted its position in Energy Fuels by 1.6% during the fourth quarter. HighTower Advisors LLC now owns 128,011 shares of the company’s stock valued at $657,000 after purchasing an additional 2,010 shares in the last quarter. Swiss National Bank raised its holdings in Energy Fuels by 0.6% in the fourth quarter. Swiss National Bank now owns 364,800 shares of the company’s stock worth $1,875,000 after purchasing an additional 2,200 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Energy Fuels by 2.5% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,287 shares of the company’s stock valued at $518,000 after buying an additional 2,309 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in Energy Fuels by 65.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock valued at $32,000 after acquiring an additional 2,442 shares during the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

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.