Concurrent Investment Advisors LLC Invests $104,000 in Energy Fuels Inc. (NYSE:UUUU)

Concurrent Investment Advisors LLC acquired a new position in shares of Energy Fuels Inc. (NYSE:UUUU) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 18,979 shares of the company’s stock, valued at approximately $104,000.

Several other large investors also recently modified their holdings of the company. ProShare Advisors LLC increased its position in shares of Energy Fuels by 10.8% during the first quarter. ProShare Advisors LLC now owns 28,816 shares of the company’s stock worth $181,000 after buying an additional 2,798 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Energy Fuels by 14.6% during the second quarter. Sequoia Financial Advisors LLC now owns 23,628 shares of the company’s stock worth $143,000 after buying an additional 3,014 shares during the period. Vontobel Holding Ltd. increased its position in shares of Energy Fuels by 12.4% during the third quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock worth $187,000 after buying an additional 3,752 shares during the period. Signaturefd LLC increased its position in shares of Energy Fuels by 261.7% during the third quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock worth $33,000 after buying an additional 4,321 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in shares of Energy Fuels by 1.8% during the second quarter. The Manufacturers Life Insurance Company now owns 271,477 shares of the company’s stock worth $1,643,000 after buying an additional 4,843 shares during the period. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on UUUU shares. Roth Mkm decreased their price objective on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Monday, November 4th. HC Wainwright raised their price target on shares of Energy Fuels from $10.75 to $11.00 and gave the stock a “buy” rating in a report on Monday, November 4th.

Energy Fuels Stock Up 4.8 %

Shares of UUUU opened at $6.73 on Wednesday. The business’s fifty day moving average is $5.64 and its 200 day moving average is $5.70. Energy Fuels Inc. has a 12-month low of $4.19 and a 12-month high of $8.68. The stock has a market cap of $1.31 billion, a P/E ratio of -30.57 and a beta of 1.60.

Energy Fuels (NYSE:UUUU) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The business had revenue of $4.05 million for the quarter, compared to analyst estimates of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. On average, analysts expect that Energy Fuels Inc. will post -0.1 EPS for the current year.

Energy Fuels 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.