Energy Fuels (NYSEAMERICAN:UUUU) Stock Price Down 5.2% – Here’s Why

Energy Fuels Inc. (NYSEAMERICAN:UUUU) fell 5.2% on Thursday . The stock traded as low as $5.42 and last traded at $5.42. 2,691,750 shares were traded during trading, a decline of 68% from the average session volume of 8,456,271 shares. The stock had previously closed at $5.72.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Roth Capital set a $5.75 target price on Energy Fuels in a research report on Friday, February 28th. Roth Mkm raised Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target on the stock in a research note on Friday, February 28th. Finally, HC Wainwright dropped their price objective on Energy Fuels from $10.75 to $10.00 and set a “buy” rating for the company in a research note on Friday, May 9th.

Energy Fuels Trading Down 2.0%

The business has a 50-day moving average price of $4.55 and a 200 day moving average price of $5.18. The company has a market cap of $1.09 billion, a price-to-earnings ratio of -24.86 and a beta of 1.68.

Insider Activity

In other news, Director Bruce D. Hansen acquired 6,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was acquired at an average price of $4.25 per share, for a total transaction of $25,500.00. Following the transaction, the director now directly owns 295,239 shares in the company, valued at approximately $1,254,765.75. This represents a 2.07% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Barbara Appelin Filas sold 10,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $4.15, for a total value of $41,500.00. Following the transaction, the director now owns 160,159 shares of the company’s stock, valued at approximately $664,659.85. This trade represents a 5.88% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 26,750 shares of company stock valued at $116,115. 1.92% of the stock is owned by insiders.

Hedge Funds Weigh In On Energy Fuels

Large investors have recently made changes to their positions in the company. Sterling Capital Management LLC raised its position in Energy Fuels by 793.4% during the 4th quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock worth $30,000 after purchasing an additional 5,260 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Energy Fuels by 65.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock worth $32,000 after purchasing an additional 2,442 shares in the last quarter. Lionstone Capital Management LLC bought a new stake in Energy Fuels during the 4th quarter worth approximately $35,000. Byrne Asset Management LLC increased its holdings in Energy Fuels by 114.6% during the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock worth $29,000 after purchasing an additional 4,127 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in shares of Energy Fuels by 48.5% in the 4th quarter. Signaturefd LLC now owns 8,870 shares of the company’s stock worth $46,000 after buying an additional 2,898 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.