Energy Fuels (TSE:EFR) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Shares of Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$25.84 and traded as high as C$32.48. Energy Fuels shares last traded at C$30.55, with a volume of 1,158,966 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EFR. The Goldman Sachs Group upgraded Energy Fuels to a “strong-buy” rating in a research note on Tuesday. Roth Mkm upgraded shares of Energy Fuels from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 27th. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Strong Buy”.

Energy Fuels Stock Up 3.8%

The company has a market cap of C$7.36 billion, a P/E ratio of -63.65 and a beta of 1.85. The business’s 50 day moving average price is C$25.84 and its 200-day moving average price is C$22.34. The company has a debt-to-equity ratio of 0.31, a current ratio of 18.01 and a quick ratio of 19.23.

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

Insider Activity

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

Energy Fuels Company Profile

Energy Fuels is a leading U.S. -based critical materials company, focused on uranium, rare earth elements (REEs), heavy mineral sands, vanadium and medical isotopes. Energy Fuels, which owns and operates several conventional and in-situ recovery uranium projects in the western United States, has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States.