Energy Fuels (TSE:EFR) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$29.21 and traded as low as C$26.97. Energy Fuels shares last traded at C$27.30, with a volume of 635,144 shares traded.

Analysts Set New Price Targets

A number of research analysts recently issued reports on EFR shares. Roth Mkm raised shares of Energy Fuels from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. The Goldman Sachs Group upgraded shares of Energy Fuels to a “strong-buy” rating in a report on Tuesday, February 10th. Three investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Energy Fuels has an average rating of “Strong Buy”.

Energy Fuels Stock Down 1.0%

The firm has a market capitalization of C$6.60 billion, a P/E ratio of -71.84 and a beta of 0.98. The company has a fifty day simple moving average of C$29.21 and a 200 day simple moving average of C$24.56. The company has a quick ratio of 19.23, a current ratio of 30.69 and a debt-to-equity ratio of 99.60.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last issued its quarterly earnings results on Thursday, February 26th. The company reported C($0.12) earnings per share for the quarter. The company had revenue of C$36.43 million for the quarter. Energy Fuels had a negative net margin of 129.90% and a negative return on equity of 13.16%. On average, equities analysts expect that Energy Fuels Inc. will post 0.19 EPS for the current fiscal year.

About Energy Fuels

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.