Centrus Energy (NYSE:LEU) Raised to Sell at StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) to a sell rating in a research report report published on Wednesday morning.

Separately, Roth Mkm decreased their price target on Centrus Energy from $65.00 to $62.00 and set a buy rating for the company in a report on Thursday, May 9th.

Centrus Energy Trading Down 1.9 %

LEU stock traded down $0.79 during trading on Wednesday, reaching $39.88. 188,727 shares of the stock traded hands, compared to its average volume of 228,269. The business’s 50 day moving average price is $42.84 and its 200-day moving average price is $43.76. The firm has a market capitalization of $625.16 million, a PE ratio of 8.76 and a beta of 1.33. The company has a debt-to-equity ratio of 3.67, a current ratio of 1.44 and a quick ratio of 0.83. Centrus Energy has a 52-week low of $33.51 and a 52-week high of $61.35.

Centrus Energy (NYSE:LEU) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $1.12. Centrus Energy had a net margin of 22.96% and a return on equity of 634.20%. The company had revenue of $189.00 million during the quarter, compared to analyst estimates of $82.70 million. As a group, sell-side analysts forecast that Centrus Energy will post 2.61 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LEU. Wolff Wiese Magana LLC acquired a new stake in shares of Centrus Energy in the 2nd quarter valued at about $43,000. nVerses Capital LLC increased its holdings in shares of Centrus Energy by 133.3% in the 2nd quarter. nVerses Capital LLC now owns 1,400 shares of the company’s stock valued at $60,000 after acquiring an additional 800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Centrus Energy by 181.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,719 shares of the company’s stock valued at $115,000 after acquiring an additional 1,754 shares in the last quarter. SeaCrest Wealth Management LLC bought a new position in Centrus Energy during the first quarter worth $216,000. Finally, Victory Capital Management Inc. boosted its holdings in Centrus Energy by 26.9% in the second quarter. Victory Capital Management Inc. now owns 7,557 shares of the company’s stock worth $323,000 after purchasing an additional 1,600 shares during the period. 49.96% of the stock is currently owned by institutional investors.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.