Energy Fuels (TSE:EFR) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$25.07 and traded as low as C$18.99. Energy Fuels shares last traded at C$19.69, with a volume of 1,528,600 shares changing hands.

Wall Street Analyst Weigh In

Separately, Roth Capital upgraded shares of Energy Fuels from a “hold” rating to a “strong-buy” rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Energy Fuels currently has a consensus rating of “Strong Buy”.

Energy Fuels Price Performance

The stock has a 50-day simple moving average of C$19.59 and a 200 day simple moving average of C$25.07. The company has a market cap of C$4.92 billion, a PE ratio of -59.67 and a beta of 1.28. The company has a quick ratio of 19.23, a current ratio of 27.51 and a debt-to-equity ratio of 93.67.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last released its quarterly earnings results on Wednesday, May 6th. The company reported C($0.06) earnings per share for the quarter. The business had revenue of C$49.83 million for the quarter. Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 82.70%. Equities analysts expect that Energy Fuels Inc. will post 0.19 EPS for the current year.

Insiders Place Their Bets

In related news, insider Ross Randolph Bhappu bought 74,000 shares of the stock in a transaction on Tuesday, July 7th. The stock was bought at an average price of C$17.94 per share, with a total value of C$1,327,560.00. Following the completion of the purchase, the insider directly owned 74,000 shares in the company, valued at C$1,327,560. This represents a ∞ increase in their position. 2.03% of the stock is currently owned by company insiders.

Energy Fuels Company Profile

Energy Fuels is a leading U.S. -based critical materials company, focused on uranium, rare earth elements (REEs), heavy mineral sands, vanadium and medical isotopes. Energy Fuels, which owns and operates several conventional and in-situ recovery uranium projects in the western United States, has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States.