Energy Fuels (TSE:EFR) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$23.32 and traded as low as C$20.60. Energy Fuels shares last traded at C$20.79, with a volume of 974,817 shares traded.

Analyst Ratings Changes

Separately, Roth Capital lowered shares of Energy Fuels from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Energy Fuels Stock Performance

The stock has a market cap of C$4.93 billion, a PE ratio of -43.31 and a beta of 1.68. The company has a debt-to-equity ratio of 0.31, a current ratio of 18.01 and a quick ratio of 19.23. The stock has a 50-day simple moving average of C$23.32 and a 200-day simple moving average of C$17.69.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last released its quarterly earnings data on Tuesday, November 4th. The company reported C($0.07) earnings per share for the quarter. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.25%. The firm had revenue of C$24.66 million during the quarter. Equities analysts predict that Energy Fuels Inc. will post 0.19 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Alexander Morrison sold 38,739 shares of Energy Fuels stock in a transaction on Monday, November 17th. The shares were sold at an average price of C$21.36, for a total transaction of C$827,465.04. Following the transaction, the director owned 115,094 shares in the company, valued at approximately C$2,458,407.84. The trade was a 25.18% decrease in their position. Also, Director Dennis Higgs sold 15,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of C$21.20, for a total transaction of C$318,000.00. Following the sale, the director directly owned 164,498 shares of the company’s stock, valued at approximately C$3,487,357.60. This trade represents a 8.36% decrease in their ownership of the stock. Insiders own 2.03% of the company’s stock.

About Energy Fuels

Energy Fuels is the largest uranium producer in the U.S. and holds more production capacity and uranium resources than any other U.S. producer. The Company also produces vanadium. Headquartered in Colorado Energy Fuels holds three of Americas key uranium production centers: the White Mesa Mill in Utah the Nichols Ranch ISR Facility in Wyoming and the Alta Mesa ISR Facility in Texas. The producing White Mesa Mill is the only conventional uranium mill in the U.S. and has a licensed capacity of 8 million pounds of U3O8 per year.