Energy Fuels (TSE:EFR) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Shares of Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$22.01 and traded as low as C$19.37. Energy Fuels shares last traded at C$19.88, with a volume of 779,736 shares.

Analysts Set New Price Targets

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

Energy Fuels Stock Up 15.8%

The company has a market capitalization of C$5.31 billion, a PE ratio of -47.96 and a beta of 1.68. The firm’s 50-day simple moving average is C$21.81 and its 200 day simple moving average is C$18.16. The company has a debt-to-equity ratio of 0.31, a quick ratio of 19.23 and a current ratio of 18.01.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last issued its earnings results on Tuesday, November 4th. The company reported C($0.07) earnings per share (EPS) for the quarter. The company had revenue of C$24.66 million during the quarter. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.25%. As a group, equities research analysts forecast that Energy Fuels Inc. will post 0.19 earnings per share for the current year.

Insider Activity at Energy Fuels

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

Energy Fuels Company Profile

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.