Ronald Liam Mooney Sells 3,400 Shares of Cameco Co. (TSE:CCO) Stock

Cameco Co. (TSE:CCO) (NYSE:CCJ) Senior Officer Ronald Liam Mooney sold 3,400 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of C$70.49, for a total transaction of C$239,666.00.

Cameco Price Performance

Shares of CCO opened at C$70.40 on Wednesday. The company has a market cap of C$30.64 billion, a P/E ratio of 118.73, a PEG ratio of 2.22 and a beta of 0.88. The firm’s 50 day moving average price is C$57.35 and its 200 day moving average price is C$64.15. Cameco Co. has a fifty-two week low of C$48.71 and a fifty-two week high of C$76.66. The company has a quick ratio of 3.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.39.

Cameco (TSE:CCO) (NYSE:CCJ) last released its earnings results on Wednesday, July 31st. The company reported C$0.14 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.39 by C($0.25). The firm had revenue of C$598.00 million for the quarter. Cameco had a return on equity of 4.23% and a net margin of 9.70%. On average, research analysts forecast that Cameco Co. will post 1.5181371 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on CCO shares. CIBC increased their price objective on Cameco from C$74.00 to C$80.00 and gave the stock an “outperform” rating in a research report on Thursday, June 20th. Janney Montgomery Scott upgraded Cameco to a “strong-buy” rating in a report on Friday, October 4th. National Bankshares set a C$74.00 price objective on shares of Cameco and gave the company an “outperform” rating in a report on Wednesday, September 4th. Canaccord Genuity Group upped their target price on shares of Cameco from C$75.00 to C$78.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. Finally, National Bank Financial upgraded shares of Cameco to a “strong-buy” rating in a research report on Tuesday, September 3rd. Eight investment analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$77.50.

Cameco Company Profile

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.