Cameco Co. (TSE:CCO) Senior Officer Sells C$150,380.00 in Stock

Cameco Co. (TSE:CCO) (NYSE:CCJ) Senior Officer Lisa Lorene Aitken sold 2,000 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$75.19, for a total value of C$150,380.00.

Cameco Stock Performance

CCO stock traded up C$0.35 during midday trading on Wednesday, reaching C$80.57. The company had a trading volume of 1,547,586 shares, compared to its average volume of 1,259,648. 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 stock has a 50 day moving average price of C$67.70 and a 200 day moving average price of C$66.31. Cameco Co. has a fifty-two week low of C$48.71 and a fifty-two week high of C$83.00. The firm has a market capitalization of C$35.06 billion, a PE ratio of 136.61, a P/E/G ratio of 2.22 and a beta of 0.90.

Cameco Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, December 13th. Investors of record on Wednesday, November 27th will be issued a dividend of $0.16 per share. This is a boost from Cameco’s previous annual dividend of $0.12. The ex-dividend date is Wednesday, November 27th. This represents a yield of 0.22%. Cameco’s payout ratio is presently 20.34%.

Analyst Ratings Changes

Several brokerages have recently issued reports on CCO. Cantor Fitzgerald raised Cameco from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 31st. Janney Montgomery Scott raised Cameco to a “strong-buy” rating in a report on Friday, October 4th. BMO Capital Markets upped their price target on Cameco from C$78.00 to C$84.00 in a report on Friday, November 8th. National Bankshares upped their price target on Cameco from C$85.00 to C$87.00 in a report on Friday, November 8th. Finally, National Bank Financial raised Cameco to a “strong-buy” rating in a report on Tuesday, September 3rd. Seven investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of C$82.00.

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.