Energy Fuels (NYSEAMERICAN:UUUU) Sets New 52-Week Low – Here’s What Happened

Energy Fuels Inc. (NYSEAMERICAN:UUUU) shares reached a new 52-week low during trading on Monday . The stock traded as low as $3.65 and last traded at $3.65, with a volume of 115672 shares trading hands. The stock had previously closed at $3.75.

Analyst Upgrades and Downgrades

UUUU has been the subject of a number of recent analyst reports. Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 target price for the company in a report on Friday, February 28th. HC Wainwright lowered their price target on Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a report on Friday, February 28th. Finally, Roth Capital set a $5.75 target price on Energy Fuels in a research note on Friday, February 28th.

Energy Fuels Stock Down 3.7 %

The firm has a market capitalization of $717.27 million, a price-to-earnings ratio of -16.41 and a beta of 1.68. The stock’s 50 day moving average price is $4.94 and its two-hundred day moving average price is $5.51.

Insider Buying and Selling at Energy Fuels

In related news, Director Bruce D. Hansen bought 6,000 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The stock was bought at an average cost of $4.25 per share, for a total transaction of $25,500.00. Following the transaction, the director now owns 295,239 shares of the company’s stock, valued at $1,254,765.75. This represents a 2.07 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the sale, the director now owns 178,380 shares in the company, valued at approximately $970,387.20. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,350 shares of company stock worth $146,535 over the last ninety days. Company insiders own 1.92% of the company’s stock.

Institutional Investors Weigh In On Energy Fuels

Several institutional investors have recently added to or reduced their stakes in UUUU. JPMorgan Chase & Co. lifted its holdings in Energy Fuels by 217.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 223,061 shares of the company’s stock worth $1,225,000 after purchasing an additional 152,751 shares during the last quarter. Barclays PLC grew its position in Energy Fuels by 126.6% in the third quarter. Barclays PLC now owns 412,137 shares of the company’s stock valued at $2,262,000 after acquiring an additional 230,259 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its position in Energy Fuels by 3.7% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,579,919 shares of the company’s stock worth $8,105,000 after purchasing an additional 55,709 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Energy Fuels by 14.1% in the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock valued at $12,731,000 after acquiring an additional 285,680 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Energy Fuels by 233.1% during the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after purchasing an additional 632,713 shares in the last quarter. 48.24% of the stock is owned by institutional investors.

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.