Yellow Cake (LON:YCA) Earns Buy Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Yellow Cake (LON:YCA) in a research note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have a GBX 776 ($9.66) price target on the stock.

Yellow Cake Trading Up 1.3 %

Yellow Cake stock opened at GBX 625.50 ($7.79) on Tuesday. Yellow Cake has a twelve month low of GBX 352.20 ($4.38) and a twelve month high of GBX 749.50 ($9.33). The stock’s fifty day simple moving average is GBX 632.97 and its 200-day simple moving average is GBX 613.08. The firm has a market capitalization of £1.36 billion, a P/E ratio of 309.65 and a beta of 0.29.

Yellow Cake Company Profile

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.