Lisa Lorene Aitken Sells 1,500 Shares of Cameco Co. (TSE:CCO) Stock

Cameco Co. (TSE:CCO) (NYSE:CCJ) Senior Officer Lisa Lorene Aitken sold 1,500 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of C$81.17, for a total value of C$121,755.00.

Lisa Lorene Aitken also recently made the following trade(s):

• On Friday, November 15th, Lisa Lorene Aitken sold 2,000 shares of Cameco stock. The shares were sold at an average price of C$75.19, for a total transaction of C$150,380.00.

Cameco Price Performance

Shares of TSE CCO opened at C$81.11 on Thursday. Cameco Co. has a 52 week low of C$48.71 and a 52 week high of C$85.18. The business’s 50 day moving average price is C$71.39 and its 200 day moving average price is C$67.00. The company has a quick ratio of 3.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.39. The firm has a market cap of C$35.30 billion, a P/E ratio of 137.47, a P/E/G ratio of 2.22 and a beta of 0.90.

Cameco Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th will be issued a $0.16 dividend. This is an increase from Cameco’s previous annual dividend of $0.12. This represents a dividend yield of 0.22%. The ex-dividend date of this dividend is Wednesday, November 27th. Cameco’s dividend payout ratio is 20.34%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on CCO shares. Royal Bank of Canada increased their target price on shares of Cameco from C$75.00 to C$90.00 in a research report on Thursday, November 21st. Janney Montgomery Scott upgraded Cameco to a “strong-buy” rating in a report on Friday, October 4th. National Bank Financial upgraded Cameco to a “strong-buy” rating in a research note on Tuesday, September 3rd. Eight Capital raised their price target on Cameco from C$80.00 to C$90.00 in a report on Friday, November 8th. Finally, Canaccord Genuity Group boosted their price target on Cameco from C$75.00 to C$78.00 and gave the stock a “buy” rating in a research note on Tuesday, September 24th. Seven analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$84.30.

About Cameco

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.