Yellow Cake (LON:YCA) Reaches New 1-Year Low – Here’s Why

Yellow Cake plc (LON:YCA)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 450.80 ($5.71) and last traded at GBX 451.18 ($5.72), with a volume of 888657 shares trading hands. The stock had previously closed at GBX 457 ($5.79).

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 712 ($9.02) target price on shares of Yellow Cake in a report on Tuesday, January 28th.

Yellow Cake Stock Performance

The firm has a market cap of £968.49 million, a price-to-earnings ratio of 1.67 and a beta of 0.27. The company’s fifty day moving average is GBX 495.15 and its two-hundred day moving average is GBX 526.64.

About Yellow Cake

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.