Energy Fuels (TSE:EFR) Stock Crosses Below 50-Day Moving Average – Time to Sell?
by Mitch Edgeman · The Markets DailyEnergy Fuels Inc. (TSE:EFR – Get Free Report) (NASDAQ:UUUU)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$26.59 and traded as low as C$24.00. Energy Fuels shares last traded at C$24.10, with a volume of 574,594 shares trading hands.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded Energy Fuels to a “strong-buy” rating in a report on Tuesday, February 10th. Three research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Strong Buy”.
Check Out Our Latest Analysis on EFR
Energy Fuels Trading Down 13.7%
The company has a 50 day moving average price of C$26.49 and a 200 day moving average price of C$25.96. The firm has a market cap of C$5.19 billion, a price-to-earnings ratio of -71.69 and a beta of 1.24. The company has a debt-to-equity ratio of 93.56, a quick ratio of 19.23 and a current ratio of 27.51.
Energy Fuels (TSE:EFR – Get Free Report) (NASDAQ:UUUU) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C($0.06) EPS for the quarter. Energy Fuels had a negative net margin of 82.70% and a negative return on equity of 10.23%. The business had revenue of C$49.83 million during the quarter. On average, research analysts expect that Energy Fuels Inc. will post 0.19 earnings per share for the current year.
About Energy Fuels
Energy Fuels is a leading U.S. -based critical materials company, focused on uranium, rare earth elements (REEs), heavy mineral sands, vanadium and medical isotopes. Energy Fuels, which owns and operates several conventional and in-situ recovery uranium projects in the western United States, has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States.