Energy Fuels (NYSEAMERICAN:UUUU) Sets New 1-Year Low – Should You Sell?

Energy Fuels Inc (NYSEAMERICAN:UUUU)’s share price hit a new 52-week low on Tuesday. The stock traded as low as $7.24 and last traded at $7.27, with a volume of 2,496,957 shares traded. The stock had previously closed at $7.39.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. B. Riley Financial reduced their price objective on Energy Fuels from $25.00 to $19.00 and set a “buy” rating for the company in a research note on Wednesday, October 28th. HC Wainwright lifted their target price on Energy Fuels from $29.00 to $29.25 and gave the company a “buy” rating in a research report on Tuesday, September 1st. Zacks Research upgraded Energy Fuels from a “strong sell” rating to a “hold” rating in a research report on Friday, October 9th. BMO Capital Markets assumed coverage on Energy Fuels in a research note on Friday, August 14th. They issued an “outperform” rating and a $18.00 price objective on the stock. Finally, UBS Group raised Energy Fuels to a “neutral” rating in a research report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Energy Fuels currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.65.

Energy Fuels Trading Down 1.1%

The company has a quick ratio of 25.87, a current ratio of 27.90 and a debt-to-equity ratio of 0.85. The stock has a fifty day simple moving average of $11.23 and a 200 day simple moving average of $16.29. The firm has a market capitalization of $1.94 billion, a P/E ratio of -22.84 and a beta of 1.77.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%. The business had revenue of $25.11 million during the quarter. As a group, research analysts forecast that Energy Fuels Inc will post -0.27 EPS for the current year.

Hedge Funds Weigh In On Energy Fuels

Several institutional investors have recently bought and sold shares of the stock. Ascentis Independent Advisors bought a new stake in shares of Energy Fuels in the 1st quarter worth about $57,000. Knuff & Co LLC purchased a new position in Energy Fuels in the second quarter worth about $54,000. Sound Income Strategies LLC increased its stake in Energy Fuels by 17.1% during the first quarter. Sound Income Strategies LLC now owns 4,100 shares of the company’s stock worth $74,000 after acquiring an additional 600 shares during the last quarter. CoreCap Advisors LLC increased its stake in Energy Fuels by 591.7% during the second quarter. CoreCap Advisors LLC now owns 4,150 shares of the company’s stock worth $60,000 after acquiring an additional 3,550 shares during the last quarter. Finally, Hilltop National Bank raised its position in Energy Fuels by 39.1% during the second quarter. Hilltop National Bank now owns 4,284 shares of the company’s stock valued at $62,000 after purchasing an additional 1,204 shares during the period. 48.24% of the stock is owned by hedge funds and other institutional investors.

About Energy Fuels

Energy Fuels Inc is a U.S.-based critical minerals company focused on the exploration, recovery, processing and production of uranium, vanadium and rare earth elements. The company supplies uranium concentrates for the nuclear energy industry and also develops other critical mineral products used in advanced manufacturing, electronics and clean-energy technologies.

Energy Fuels owns and operates the White Mesa Mill in Utah, a major U.S. facility capable of processing conventional uranium and vanadium ores as well as certain alternative feed materials.