Energy Fuels (TSE:EFR) Shares Cross Below Fifty 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 Thursday . The stock has a 50-day moving average of C$26.59 and traded as low as C$24.00. Energy Fuels shares last traded at C$24.10, with a volume of 574,594 shares.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Energy Fuels currently has a consensus rating of “Strong Buy”.

Energy Fuels Trading Down 3.9%

The stock has a market cap of C$6.02 billion, a P/E ratio of -83.10 and a beta of 1.24. The firm’s fifty day moving average price is C$26.59 and its two-hundred day moving average price is C$26.00. The company has a debt-to-equity ratio of 93.56, a current ratio of 27.51 and a quick ratio of 19.23.

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. Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 82.70%.The firm had revenue of C$49.83 million during the quarter. As a group, equities research analysts forecast that Energy Fuels Inc. will post 0.19 EPS for the current year.

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.