Cameco Corp. (NYSE:CCJ) shares, rose in value on Friday, April 26, with the stock price down by -0.88% to the previous day’s close as strong demand from buyers drove the stock to $48.73.
Actively observing the price movement in the recent trading, the stock is buoying the session at $49.16. The PE ratio was 79.22 over 12-month period. Referring to stock’s 52-week performance, its high was $52.64, and the low was $25.72. On the whole, CCJ has fluctuated by 14.09% over the past month.
The company’s Forward Dividend Ratio is 0.09, with its dividend yield at 0.18%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.23B, with a low estimate of 602.6M and a high estimate of 606.01M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 604.31M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CCJ’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.64, with the price of CCJ currently trading nearly 0.87% and 10.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.78, while the 7-day volatility ratio is showing 3.24% which for the 30-day chart, stands at 4.31%. Furthermore, Cameco Corp. (CCJ)’s beta value is 0.89, and its average true range (ATR) is 1.89.
A comparison of Cameco Corp. (CCJ) with its peers suggests the former has fared considerably weaker in the market. CCJ showed an intraday change of -0.88% in today’s session so far, and over the past year, it grew by 85.69%%.
Data on historical trading for Cameco Corp. (NYSE:CCJ) indicates that the trading volumes over the past 3 months, they’ve averaged 4.80 million. According to company’s latest data on outstanding shares, there are 434.18 million shares outstanding.
Nearly 0.28% of Cameco Corp.’s shares belong to company insiders and institutional investors own 75.64% of the company’s shares. The stock has risen by 13.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CCJ stock heading into the next quarter.
