Energy Fuels (NYSEAMERICAN:UUUU) Hits New 1-Year Low – Here’s Why

Energy Fuels Inc. (NYSEAMERICAN:UUUU) shares reached a new 52-week low during trading on Monday . The company traded as low as $3.27 and last traded at $3.27, with a volume of 102582 shares changing hands. The stock had previously closed at $3.45.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Roth Capital set a $5.75 target price on shares of Energy Fuels in a research report on Friday, February 28th. Roth Mkm upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective on the stock in a report on Friday, February 28th. Finally, HC Wainwright dropped their target price on Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research note on Friday, February 28th.

Energy Fuels Stock Performance

The stock’s fifty day simple moving average is $4.75 and its two-hundred day simple moving average is $5.47. The company has a market cap of $683.49 million, a price-to-earnings ratio of -15.64 and a beta of 1.68.

Insiders Place Their Bets

In other news, VP Daniel Kapostasy sold 12,350 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $4.10, for a total value of $50,635.00. Following the completion of the sale, the vice president now owns 57,705 shares in the company, valued at approximately $236,590.50. This trade represents a 17.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Barbara Appelin Filas sold 10,000 shares of the firm’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $4.15, for a total value of $41,500.00. Following the sale, the director now owns 160,159 shares in the company, valued at approximately $664,659.85. The trade was a 5.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is currently owned by insiders.

Institutional Trading of Energy Fuels

Hedge funds and other institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Energy Fuels by 1.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,439,379 shares of the company’s stock valued at $58,779,000 after buying an additional 155,087 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Energy Fuels by 0.4% in the 4th quarter. Ameriprise Financial Inc. now owns 8,023,303 shares of the company’s stock valued at $41,159,000 after acquiring an additional 31,364 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Energy Fuels by 18.5% during the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company’s stock valued at $38,316,000 after acquiring an additional 1,164,973 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Energy Fuels by 104.9% in the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after purchasing an additional 2,477,539 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Energy Fuels by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 2,330,189 shares of the company’s stock worth $11,960,000 after purchasing an additional 11,667 shares during the period. 48.24% of the stock is owned by hedge funds and other institutional investors.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.