Yellow Cake (LON:YCA) Reaches New 12-Month Low – Here’s Why

Yellow Cake plc (LON:YCA)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 437.47 ($5.51) and last traded at GBX 444.55 ($5.60), with a volume of 945812 shares trading hands. The stock had previously closed at GBX 446.80 ($5.63).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 712 ($8.97) target price on shares of Yellow Cake in a report on Tuesday, January 28th.

Yellow Cake Stock Up 2.4 %

The firm has a fifty day moving average price of GBX 490.36 and a 200 day moving average price of GBX 524.92. The company has a market cap of £1.00 billion, a P/E ratio of 1.74 and a beta of 0.27.

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.