Centrus Energy (NYSE:LEU) Upgraded to Hold by StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) from a sell rating to a hold rating in a research report sent to investors on Tuesday.

Other research analysts have also recently issued research reports about the stock. B. Riley reissued a buy rating and set a $72.00 target price on shares of Centrus Energy in a report on Tuesday, February 13th. TheStreet upgraded shares of Centrus Energy from a d- rating to a c rating in a research report on Friday, February 9th.

Centrus Energy Trading Down 0.1 %

Shares of Centrus Energy stock opened at $42.93 on Tuesday. The company has a debt-to-equity ratio of 4.73, a current ratio of 1.45 and a quick ratio of 0.80. The firm has a fifty day moving average price of $41.56 and a 200 day moving average price of $47.91. Centrus Energy has a 1 year low of $24.88 and a 1 year high of $61.35. The stock has a market cap of $673.14 million, a PE ratio of 7.95 and a beta of 1.39.

Centrus Energy (NYSE:LEU) last issued its earnings results on Thursday, February 8th. The company reported $3.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $2.80. Centrus Energy had a net margin of 26.36% and a negative return on equity of 491.41%. The firm had revenue of $103.60 million during the quarter, compared to analysts’ expectations of $61.05 million. Equities research analysts predict that Centrus Energy will post 2.71 earnings per share for the current year.

Insider Activity at Centrus Energy

In related news, SVP John M. A. Donelson sold 16,073 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $40.24, for a total transaction of $646,777.52. The transaction was disclosed in a document filed with the SEC, which is available at this link. 6.40% of the stock is owned by company insiders.

Institutional Trading of Centrus Energy

Several institutional investors have recently modified their holdings of the stock. Private Advisor Group LLC grew its position in shares of Centrus Energy by 43.6% in the first quarter. Private Advisor Group LLC now owns 8,314 shares of the company’s stock valued at $345,000 after purchasing an additional 2,523 shares during the period. SeaCrest Wealth Management LLC purchased a new position in shares of Centrus Energy in the first quarter worth about $216,000. Goehring & Rozencwajg Associates LLC lifted its stake in shares of Centrus Energy by 3.5% in the fourth quarter. Goehring & Rozencwajg Associates LLC now owns 160,193 shares of the company’s stock worth $8,716,000 after buying an additional 5,355 shares in the last quarter. Chesapeake Capital Corp IL purchased a new position in shares of Centrus Energy in the fourth quarter worth about $556,000. Finally, Jump Financial LLC purchased a new position in shares of Centrus Energy in the fourth quarter worth about $386,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.