Cameco Co. (NYSE:CCJ – Get Rating) (TSE:CCO) noticed some uncommon choices buying and selling on Thursday. Buyers bought 384,705 name choices on the corporate. This is a rise of 1,490% in comparison with the typical quantity of 24,198 name choices.
Wall Road Analysts Forecast Progress
A variety of equities analysts have issued reviews on CCJ shares. Canaccord Genuity Group upped their goal value on Cameco from C$43.00 to C$44.00 and gave the corporate a “purchase” score in a analysis report on Wednesday, October twenty sixth. TD Securities upped their goal value on Cameco from C$40.00 to C$41.00 in a analysis report on Friday, October twenty eighth. StockNews.com lowered Cameco from a “maintain” score to a “promote” score in a analysis report on Friday, October twenty eighth. Lastly, Scotiabank dropped their value goal on Cameco from C$44.00 to C$42.00 in a analysis report on Tuesday, October 18th. One equities analysis analyst has rated the inventory with a promote score and 5 have assigned a purchase score to the corporate’s inventory. In keeping with knowledge from MarketBeat.com, Cameco at present has a consensus score of “Average Purchase” and a consensus value goal of $43.00.
Institutional Buyers Weigh In On Cameco
A number of massive traders have just lately added to or lowered their stakes in CCJ. Capital World Buyers elevated its place in Cameco by 402.0% within the first quarter. Capital World Buyers now owns 10,131,797 shares of the fundamental supplies firm’s inventory value $295,084,000 after shopping for an extra 8,113,385 shares in the course of the interval. FMR LLC elevated its place in Cameco by 360.1% within the second quarter. FMR LLC now owns 8,186,417 shares of the fundamental supplies firm’s inventory value $172,088,000 after shopping for an extra 6,407,271 shares in the course of the interval. Alps Advisors Inc. acquired a brand new stake in Cameco within the second quarter value $121,589,000. Mirae Asset World Investments Co. Ltd. grew its stake in shares of Cameco by 37.4% within the first quarter. Mirae Asset World Investments Co. Ltd. now owns 17,068,688 shares of the fundamental supplies firm’s inventory value $497,555,000 after buying an extra 4,644,453 shares within the final quarter. Lastly, Pendal Group Ltd grew its stake in shares of Cameco by 168.4% within the second quarter. Pendal Group Ltd now owns 3,112,423 shares of the fundamental supplies firm’s inventory value $65,281,000 after buying an extra 1,952,856 shares within the final quarter. 53.82% of the inventory is owned by institutional traders and hedge funds.
Cameco Inventory Efficiency
CCJ stock opened at $22.86 on Friday. The corporate has a present ratio of 5.11, a fast ratio of 4.03 and a debt-to-equity ratio of 0.20. The agency has a market cap of $9.89 billion, a P/E ratio of 103.91, a P/E/G ratio of 0.49 and a beta of 0.88. Cameco has a 12-month low of $18.03 and a 12-month excessive of $32.49. The inventory’s 50 day easy shifting common is $23.05 and its 200 day easy shifting common is $24.33.
Cameco (NYSE:CCJ – Get Rating) (TSE:CCO) final issued its earnings outcomes on Thursday, October twenty seventh. The fundamental supplies firm reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.06. Cameco had a return on fairness of two.50% and a web margin of 6.43%. The agency had income of $297.96 million for the quarter. As a bunch, equities analysis analysts predict that Cameco will put up 0.27 EPS for the present 12 months.
Cameco Company produces and sells uranium. It operates by two segments, Uranium and Gasoline Providers. The Uranium section is concerned within the exploration for, mining, and milling, in addition to buy and sale of uranium focus. The Gasoline Providers section engages within the refining, conversion, and fabrication of uranium focus, in addition to the acquisition and sale of conversion providers.
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