Energy Fuels Inc (AMEX:UUUU) shares, rose in value on Friday, April 05, with the stock price up by 1.51% to the previous day’s close as strong demand from buyers drove the stock to $6.73.
Actively observing the price movement in the recent trading, the stock is buoying the session at $6.63. The value of beta (5-year monthly) is 1.54 whereas the PE ratio is 10.69 over 12-month period. Referring to stock’s 52-week performance, its high was $9.02, and the low was $4.99. On the whole, UUUU has fluctuated by 10.33% over the past month.
With the market capitalization of Energy Fuels Inc currently standing at about $1.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 03, 2024 – May 07, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.01, which is expected to increase to -$0.06 for fiscal year -$0.04 and then to about $0.27 by fiscal year 2025. Data indicates that the EPS growth is expected to be -106.50% in 2025, while the next year’s EPS growth is forecast to be 775.00%.
Analysts have estimated the company’s revenue for the quarter at $25.5 million, with a low estimate of $25.5 million and a high estimate of $25.5 million. According to the average forecast, sales growth in current quarter could jump up 30.00%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $42.9 million, representing an increase of 13.10% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that UUUU’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of UUUU currently trading nearly 8.16% and 2.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.23, while the 7-day volatility ratio is showing 4.61% which for the 30-day chart, stands at 4.52%. Furthermore, Energy Fuels Inc (UUUU)’s beta value is 1.54, and its average true range (ATR) is 0.29.
A comparison of Energy Fuels Inc (UUUU) with its peers suggests the former has fared considerably weaker in the market. UUUU showed an intraday change of 1.51% in today’s session so far, and over the past year, it grew by 25.33%%.
Data on historical trading for Energy Fuels Inc (AMEX:UUUU) indicates that the trading volumes over the past 10 days have averaged 2.86 million and over the past 3 months, they’ve averaged 2.87 million. According to company’s latest data on outstanding shares, there are 162.66 million shares outstanding.
Nearly 2.47% of Energy Fuels Inc’s shares belong to company insiders and institutional investors own 50.37% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.24 million shares as on Mar 15, 2024, resulting in a short ratio of 8.77. According to the data, the short interest in Energy Fuels Inc (UUUU) stood at 14.82% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 22.43 million. The stock has fallen by -6.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UUUU stock heading into the next quarter.
