Energy Fuels (NYSEAMERICAN:UUUU) Trading Down 7.8% – Should You Sell?

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) traded down 7.8% during mid-day trading on Tuesday . The company traded as low as $16.04 and last traded at $16.04. 5,227,247 shares traded hands during trading, a decline of 58% from the average session volume of 12,370,467 shares. The stock had previously closed at $17.40.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Roth Mkm restated a “neutral” rating and set a $17.00 price target on shares of Energy Fuels in a report on Monday, May 11th. The Goldman Sachs Group assumed coverage on shares of Energy Fuels in a report on Tuesday, February 10th. They set a “buy” rating and a $30.00 price target for the company. HC Wainwright upped their price target on shares of Energy Fuels from $27.25 to $29.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, B. Riley Financial upped their price target on shares of Energy Fuels to $27.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Energy Fuels presently has an average rating of “Moderate Buy” and a consensus price target of $25.75.

Energy Fuels Trading Down 6.6%

The company has a debt-to-equity ratio of 0.93, a current ratio of 27.51 and a quick ratio of 25.59. The company’s 50 day moving average is $19.54 and its two-hundred day moving average is $18.82. The firm has a market cap of $3.86 billion, a P/E ratio of -56.07 and a beta of 1.52.

Energy Fuels (NYSEAMERICAN:UUUU) last released its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Energy Fuels had a negative net margin of 83.26% and a negative return on equity of 10.23%. During the same quarter in the prior year, the firm posted ($0.13) earnings per share. Energy Fuels’s revenue for the quarter was up 112.1% on a year-over-year basis. On average, sell-side analysts predict that Energy Fuels Inc will post -0.14 earnings per share for the current year.

Insider Activity at Energy Fuels

In related news, Director Dennis Lyle Higgs sold 6,000 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $20.64, for a total value of $123,840.00. Following the completion of the sale, the director owned 151,113 shares in the company, valued at approximately $3,118,972.32. This trade represents a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Curtis Moore sold 10,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $23.12, for a total transaction of $231,200.00. Following the completion of the sale, the vice president owned 112,415 shares of the company’s stock, valued at approximately $2,599,034.80. The trade was a 8.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 69,000 shares of company stock worth $1,361,200 in the last three months. Corporate insiders own 0.97% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. lifted its stake in Energy Fuels by 74.5% during the fourth quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares during the period. Smartleaf Asset Management LLC boosted its stake in Energy Fuels by 75.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock valued at $25,000 after buying an additional 758 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in shares of Energy Fuels during the fourth quarter worth approximately $27,000. State of Wyoming acquired a new stake in shares of Energy Fuels during the fourth quarter worth approximately $34,000. Finally, EFG International AG acquired a new stake in shares of Energy Fuels during the fourth quarter worth approximately $36,000. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Company Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.