Energy Fuels (NYSEAMERICAN:UUUU) Shares Gap Up – Should You Buy?

Energy Fuels Inc. (NYSEAMERICAN:UUUU) shares gapped up before the market opened on Thursday . The stock had previously closed at $4.13, but opened at $4.22. Energy Fuels shares last traded at $4.12, with a volume of 1,043,852 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on UUUU shares. Roth Capital set a $5.75 price objective on Energy Fuels in a research note on Friday, February 28th. Roth Mkm raised shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target on the stock in a research report on Friday, February 28th. Finally, HC Wainwright dropped their price objective on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a report on Friday, February 28th.

Energy Fuels Stock Down 6.7 %

The firm has a 50-day moving average of $4.94 and a two-hundred day moving average of $5.51. The company has a market capitalization of $745.09 million, a PE ratio of -17.05 and a beta of 1.68.

Insider Transactions at Energy Fuels

In other news, VP Daniel Kapostasy sold 12,350 shares of Energy Fuels stock in a transaction on Friday, March 14th. The stock was sold at an average price of $4.10, for a total value of $50,635.00. Following the completion of the sale, the vice president now directly owns 57,705 shares of the company’s stock, valued at approximately $236,590.50. The trade was a 17.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Bruce D. Hansen bought 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The shares were purchased at an average cost of $4.25 per share, for a total transaction of $25,500.00. Following the purchase, the director now owns 295,239 shares in the company, valued at $1,254,765.75. This represents a 2.07 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 32,350 shares of company stock worth $146,535. 1.92% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Energy Fuels

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UUUU. AlphaMark Advisors LLC purchased a new stake in Energy Fuels during the fourth quarter worth approximately $25,000. Sterling Capital Management LLC boosted its position in Energy Fuels by 793.4% during the fourth quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock worth $30,000 after purchasing an additional 5,260 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of Energy Fuels by 65.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock worth $32,000 after purchasing an additional 2,442 shares in the last quarter. Lionstone Capital Management LLC acquired a new stake in shares of Energy Fuels during the 4th quarter worth about $35,000. Finally, Signaturefd LLC boosted its stake in Energy Fuels by 48.5% in the 4th quarter. Signaturefd LLC now owns 8,870 shares of the company’s stock worth $46,000 after buying an additional 2,898 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

About Energy Fuels

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.