Yellow Cake (LON:YCA) Reaches New 52-Week Low – Here’s What Happened

Yellow Cake plc (LON:YCA) shares hit a new 52-week low on Wednesday . The company traded as low as GBX 458 ($5.76) and last traded at GBX 459.56 ($5.78), with a volume of 566959 shares. The stock had previously closed at GBX 466 ($5.86).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 712 ($8.95) target price on shares of Yellow Cake in a report on Tuesday, January 28th.

Yellow Cake Trading Up 0.3 %

The firm has a 50 day simple moving average of GBX 505.80 and a 200 day simple moving average of GBX 529.84. The firm has a market capitalization of £1.00 billion, a PE ratio of 1.74 and a beta of 0.27.

About Yellow Cake

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.