Energy Fuels Inc (AMEX: UUUU) stock jumped 1.90% on Monday to $8.60 against a previous-day closing price of $8.44. With 1.94 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.67 million shares. During the session, the Uranium company that operates in wider Energy sector, reached to the highest price of $8.60 whereas the lowest price it dropped to was $8.37. The 52-week range on UUUU shows that it touched its highest point at $9.02 and its lowest point at $4.85 during that stretch. It currently has a 1-year price target of $9.86. Beta for the stock currently stands at 1.63.
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 4.88%, but this was up by 11.98% over a month. Three-month performance surged to 25.00% while six-month performance rose 37.16%. The stock gained 23.03% in the past year, while it has gained 38.49% so far this year. A look at the trailing 12-month EPS for UUUU yields 0.64 with Next year EPS estimates of -0.17. For the next quarter, that number is -0.06. This implies an EPS growth rate of 241.45% for this year and -132.56% for next year.
Float and Shares Shorts:
At present, 157.68 million UUUU shares are outstanding with a float of 157.67 million shares on hand for trading. On Oct 30, 2023, short shares totaled 22.18 million, which was 13.76% higher than short shares on Sep 28, 2023. In addition to Mr. Mark S. Chalmers BSc, P.E., SME as the firm’s President, CEO & Director, Mr. Thomas L. Brock serves as its Chief Financial Officer.
Through their ownership of 47.45% of UUUU’s outstanding shares, institutional investors have minority control over the company. With a 5.49% stake in UUUU, the Global X Uranium ETF is the largest stakeholder. A total of 8,680,665 shares are owned by the mutual fund manager. The Sprott Uranium Miners ETF, which owns about 5.02% of UUUU stock, is the second-largest Mutual Fund holder. It holds 7,943,221 shares valued at 63.63 million. Vanguard Total Stock Market ETF holds 2.96% of the stake in UUUU, owning 4,685,272 shares worth 37.53 million.
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 $12.06 and a low target of $9.14, the average target price over the next 12 months is $9.86. Based on these targets, UUUU could surge 40.23% to reach the target high and rise by 6.28% to reach the target low. Reaching the average price target will result in a growth of 14.65% from current levels.