HC Wainwright Has Lowered Expectations for Energy Fuels (NYSEAMERICAN:UUUU) Stock Price

Energy Fuels (NYSEAMERICAN:UUUU) had its target price lowered by HC Wainwright from $11.00 to $10.75 in a research note issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright’s price objective suggests a potential upside of 167.41% from the stock’s previous close.

Separately, 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.

Energy Fuels Trading Down 9.5 %

Shares of Energy Fuels stock opened at $4.02 on Friday. The stock’s fifty day simple moving average is $5.37 and its 200 day simple moving average is $5.57. The company has a market capitalization of $798.73 million, a PE ratio of -18.27 and a beta of 1.68. Energy Fuels has a 12 month low of $3.99 and a 12 month high of $7.47.

Insider Buying and Selling

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total transaction of $54,400.00. Following the sale, the director now directly owns 178,380 shares of the company’s stock, valued at $970,387.20. The trade was a 5.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Alex G. Morrison sold 17,500 shares of the stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total transaction of $100,100.00. Following the transaction, the director now owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. This represents a 9.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is owned by corporate insiders.

Institutional Trading of Energy Fuels

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Creative Planning bought a new stake in Energy Fuels in the third quarter valued at approximately $57,000. Private Advisor Group LLC raised its stake in Energy Fuels by 8.7% in the 3rd quarter. Private Advisor Group LLC now owns 89,124 shares of the company’s stock valued at $489,000 after acquiring an additional 7,122 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in Energy Fuels in the 3rd quarter valued at $91,000. Van ECK Associates Corp lifted its holdings in Energy Fuels by 84.8% during the 3rd quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock valued at $12,961,000 after purchasing an additional 1,083,480 shares during the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of Energy Fuels in the third quarter valued at $104,000. 48.24% of the stock is owned by institutional investors.

Energy Fuels Company Profile

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.