Yellow Cake (LON:YCA) Reaches New 1-Year Low – Should You Sell?

Yellow Cake plc (LON:YCA)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 417 ($5.39) and last traded at GBX 421.40 ($5.45), with a volume of 902143 shares trading hands. The stock had previously closed at GBX 431.60 ($5.58).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 712 ($9.20) target price on shares of Yellow Cake in a research note on Tuesday, January 28th.

Yellow Cake Trading Down 3.2 %

The business’s fifty day simple moving average is GBX 482.76 and its 200 day simple moving average is GBX 521.28. The stock has a market cap of £906.07 million, a price-to-earnings ratio of 1.57 and a beta of 0.27.

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.