Centrus Energy (NYSE:LEU) Lifted to “Hold” at StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) from a sell rating to a hold rating in a report published on Tuesday.

LEU has been the topic of a number of other research reports. TheStreet raised shares of Centrus Energy from a d- rating to a c rating in a research note on Friday, February 9th. B. Riley restated a buy rating and set a $72.00 target price on shares of Centrus Energy in a research report on Tuesday, February 13th.

Centrus Energy Trading Down 0.0 %

Shares of Centrus Energy stock opened at $45.05 on Tuesday. Centrus Energy has a twelve month low of $24.88 and a twelve month high of $61.35. The company has a quick ratio of 0.80, a current ratio of 1.45 and a debt-to-equity ratio of 4.73. The business has a 50-day moving average price of $41.71 and a 200-day moving average price of $47.80. The firm has a market cap of $706.38 million, a price-to-earnings ratio of 8.34 and a beta of 1.36.

Centrus Energy (NYSE:LEU) last released its quarterly earnings results on Thursday, February 8th. The company reported $3.58 earnings per share for the quarter, beating the consensus estimate of $0.78 by $2.80. Centrus Energy had a negative return on equity of 491.41% and a net margin of 26.36%. The business had revenue of $103.60 million during the quarter, compared to analysts’ expectations of $61.05 million. Equities research analysts anticipate that Centrus Energy will post 2.71 EPS for the current fiscal year.

Insider Activity at Centrus Energy

In other Centrus Energy news, SVP John M. A. Donelson sold 16,073 shares of Centrus Energy stock in a transaction on Monday, February 26th. The shares were sold at an average price of $40.24, for a total transaction of $646,777.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 6.40% of the stock is currently owned by insiders.

Institutional Trading of Centrus Energy

Several institutional investors have recently added to or reduced their stakes in the company. Spire Wealth Management purchased a new stake in shares of Centrus Energy in the third quarter worth approximately $29,000. Arizona State Retirement System bought a new stake in shares of Centrus Energy during the third quarter worth $203,000. Heritage Investors Management Corp purchased a new stake in shares of Centrus Energy during the third quarter valued at $210,000. SeaCrest Wealth Management LLC bought a new position in shares of Centrus Energy in the first quarter worth about $216,000. Finally, Corton Capital Inc. purchased a new position in Centrus Energy in the 3rd quarter worth about $232,000. Institutional investors own 49.96% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.