Energy Fuels (TSE:EFR) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Shares of Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$23.32 and traded as low as C$20.60. Energy Fuels shares last traded at C$20.79, with a volume of 974,817 shares traded.

Wall Street Analyst Weigh In

Separately, Roth Capital cut shares of Energy Fuels from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Energy Fuels Trading Up 0.1%

The company has a quick ratio of 19.23, a current ratio of 18.01 and a debt-to-equity ratio of 0.31. The firm’s 50 day moving average is C$23.32 and its two-hundred day moving average is C$17.69. The stock has a market cap of C$4.93 billion, a price-to-earnings ratio of -43.31 and a beta of 1.68.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its earnings results on Tuesday, November 4th. The company reported C($0.07) EPS for the quarter. The company had revenue of C$24.66 million for the quarter. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.25%. Equities analysts anticipate that Energy Fuels Inc. will post 0.19 EPS for the current year.

Insider Transactions at Energy Fuels

In other Energy Fuels news, Director Dennis Higgs sold 15,000 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of C$21.20, for a total value of C$318,000.00. Following the completion of the transaction, the director owned 164,498 shares in the company, valued at approximately C$3,487,357.60. This represents a 8.36% decrease in their position. Also, Director Alexander Morrison sold 38,739 shares of Energy Fuels stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of C$21.36, for a total value of C$827,465.04. Following the sale, the director directly owned 115,094 shares in the company, valued at approximately C$2,458,407.84. This trade represents a 25.18% decrease in their position. Insiders own 2.03% of the company’s stock.

About Energy Fuels

Energy Fuels is the largest uranium producer in the U.S. and holds more production capacity and uranium resources than any other U.S. producer. The Company also produces vanadium. Headquartered in Colorado Energy Fuels holds three of Americas key uranium production centers: the White Mesa Mill in Utah the Nichols Ranch ISR Facility in Wyoming and the Alta Mesa ISR Facility in Texas. The producing White Mesa Mill is the only conventional uranium mill in the U.S. and has a licensed capacity of 8 million pounds of U3O8 per year.