Yellow Cake (LON:YCA) Hits New 1-Year Low – Time to Sell?

Yellow Cake plc (LON:YCA)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 474 ($5.96) and last traded at GBX 480.80 ($6.04), with a volume of 2873921 shares changing hands. The stock had previously closed at GBX 490.60 ($6.17).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 722 ($9.07) price target on shares of Yellow Cake in a research report on Tuesday, December 10th.

Yellow Cake Trading Up 0.9 %

The stock has a market cap of £1.06 billion, a PE ratio of 187.20 and a beta of 0.27. The firm has a fifty day simple moving average of GBX 548.58 and a two-hundred day simple moving average of GBX 551.41.

Yellow Cake Company Profile

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.