Insider Selling: Cameco Co. (TSE:CCO) Senior Officer Sells 1,500 Shares of Stock

Cameco Co. (TSE:CCO) (NYSE:CCJ) Senior Officer Lisa Lorene Aitken sold 1,500 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of C$81.17, for a total value of C$121,755.00.

Lisa Lorene Aitken also recently made the following trade(s):

• On Friday, November 15th, Lisa Lorene Aitken sold 2,000 shares of Cameco stock. The shares were sold at an average price of C$75.19, for a total value of C$150,380.00.

Cameco Stock Up 1.4 %

CCO opened at C$82.26 on Friday. The business has a 50 day simple moving average of C$71.93 and a 200-day simple moving average of C$67.11. Cameco Co. has a 12 month low of C$48.71 and a 12 month high of C$85.18. The stock has a market capitalization of C$35.80 billion, a P/E ratio of 139.42, a P/E/G ratio of 2.22 and a beta of 0.90. The company has a debt-to-equity ratio of 25.39, a current ratio of 3.22 and a quick ratio of 3.74.

Cameco Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.16 per share. This is a positive change from Cameco’s previous annual dividend of $0.12. This represents a dividend yield of 0.22%. The ex-dividend date of this dividend is Wednesday, November 27th. Cameco’s payout ratio is presently 20.34%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CCO shares. Canaccord Genuity Group lifted their target price on shares of Cameco from C$75.00 to C$78.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. Janney Montgomery Scott upgraded shares of Cameco to a “strong-buy” rating in a research note on Friday, October 4th. National Bank Financial upgraded shares of Cameco to a “strong-buy” rating in a research note on Tuesday, September 3rd. Raymond James boosted their price target on Cameco from C$81.00 to C$88.00 in a research report on Friday, November 22nd. Finally, National Bankshares increased their price objective on Cameco from C$85.00 to C$87.00 in a research report on Friday, November 8th. Seven investment analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, Cameco presently has an average rating of “Buy” and an average price target of C$84.30.

About Cameco

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.