How does Energy Fuels Inc. (UUUU) change from a tortoise to a hare?

Energy Fuels Inc. (AMEX: UUUU) stock jumped 4.21% on Friday to $8.42 against a previous-day closing price of $8.08. With 6.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.94 million shares. During the session, the Uranium company that operates in wider Energy sector, reached to the highest price of $8.44 whereas the lowest price it dropped to was $8.10. The 52-week range on UUUU shows that it touched its highest point at $8.14 and its lowest point at $4.85 during that stretch. It currently has a 1-year price target of $9.50. Beta for the stock currently stands at 1.67.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UUUU was up-trending over the past week, with a rise of 14.40%, but this was up by 35.81% over a month. Three-month performance surged to 30.14% while six-month performance rose 58.87%. The stock gained 16.30% in the past year, while it has gained 35.59% so far this year. A look at the trailing 12-month EPS for UUUU yields 0.52 with Next year EPS estimates of -0.16. For the next quarter, that number is -0.06. This implies an EPS growth rate of 168.40% for this year and -161.50% for next year.

Float and Shares Shorts:

At present, 158.14 million UUUU shares are outstanding with a float of 155.31 million shares on hand for trading. On Aug 30, 2023, short shares totaled 20.96 million, which was 13.24% higher than short shares on Jul 30, 2023. In addition to Mr. Mark S. Chalmers BSc, P.E., PE, SME as the firm’s Pres, CEO & Director, Mr. Thomas L. Brock serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 47.45% of UUUU’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of UUUU, in contrast to — held by mutual funds. Shares owned by individuals account for –. With a 5.07% stake in UUUU, the Global X Uranium ETF is the largest stakeholder. A total of 8,026,495 shares are owned by the mutual fund manager. The Sprott Uranium Miners ETF, which owns about 4.58% of UUUU stock, is the second-largest Mutual Fund holder. It holds 7,245,379 shares valued at 51.66 million. Vanguard Total Stock Market ETF holds 2.96% of the stake in UUUU, owning 4,677,812 shares worth 33.35 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, UUUU reported revenue of $6.47M and operating income of -$6.71M. The EBITDA in the recently reported quarter was -$6.11M and diluted EPS was -$0.11.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UUUU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With UUUU analysts setting a high price target of $12.33 and a low target of $8.50, the average target price over the next 12 months is $9.83. Based on these targets, UUUU could surge 46.44% to reach the target high and rise by 0.95% to reach the target low. Reaching the average price target will result in a growth of 16.75% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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