Centrus Energy Corp (AMEX:LEU) shares, rose in value, with the stock price up by 14.74% to the previous day’s close as strong demand from buyers drove the stock to $83.19.
Actively observing the price movement in the recent trading, the stock is buoying the session at $72.50. The PE ratio was 13.04 over 12-month period. Referring to stock’s 52-week performance, its high was $122.94, and the low was $33.51. On the whole, LEU has fluctuated by 50.02% over the past month.
With the market capitalization of Centrus Energy Corp currently standing at about $1.42 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LEU’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 Hold while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of LEU currently trading nearly 20.91% and 17.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.47, while the 7-day volatility ratio is showing 4.95% which for the 30-day chart, stands at 7.43%. Furthermore, Centrus Energy Corp (LEU)’s beta value is 1.10, and its average true range (ATR) is 5.49.
A comparison of Centrus Energy Corp (LEU) with its peers suggests the former has fared considerably weaker in the market. LEU showed an intraday change of 14.74% in today’s session so far, and over the past year, it grew by 82.27%%.
Data on historical trading for Centrus Energy Corp (AMEX:LEU) indicates that the trading volumes over the past 3 months, they’ve averaged 665.48K. According to company’s latest data on outstanding shares, there are 16.32 million shares outstanding.
Nearly 8.34% of Centrus Energy Corp’s shares belong to company insiders and institutional investors own 67.15% of the company’s shares. The stock has risen by 24.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LEU stock heading into the next quarter.
