Energy Fuels (NYSEAMERICAN:UUUU) Stock Price Down 7.7% – Time to Sell?

Energy Fuels Inc. (NYSEAMERICAN:UUUU)’s share price traded down 7.7% during trading on Monday . The stock traded as low as $4.55 and last traded at $4.57. 4,092,418 shares changed hands during trading, a decline of 49% from the average session volume of 8,005,994 shares. The stock had previously closed at $4.95.

Analyst Ratings Changes

A number of brokerages recently weighed in on UUUU. HC Wainwright decreased their price objective on Energy Fuels from $11.00 to $10.75 and set a “buy” rating on the stock in a report on Friday, February 28th. Roth Capital set a $5.75 target price on shares of Energy Fuels in a report on Friday, February 28th. Finally, Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target for the company in a report on Friday, February 28th.

Energy Fuels Price Performance

The firm has a 50-day simple moving average of $4.42 and a 200 day simple moving average of $5.41. The firm has a market cap of $880.20 million, a PE ratio of -20.14 and a beta of 1.68.

Insider Activity

In related news, Director Barbara Appelin Filas sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $4.15, for a total value of $41,500.00. Following the completion of the transaction, the director now directly owns 160,159 shares in the company, valued at $664,659.85. The trade was a 5.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Bruce D. Hansen bought 6,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were acquired at an average price of $4.25 per share, for a total transaction of $25,500.00. Following the completion of the purchase, the director now owns 295,239 shares in the company, valued at approximately $1,254,765.75. The trade was a 2.07 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.92% of the company’s stock.

Institutional Investors Weigh In On Energy Fuels

Several institutional investors have recently modified their holdings of the business. AlphaMark Advisors LLC purchased a new position in shares of Energy Fuels in the 4th quarter worth $25,000. Byrne Asset Management LLC lifted its holdings in Energy Fuels by 114.6% in the first quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock valued at $29,000 after acquiring an additional 4,127 shares during the period. Sterling Capital Management LLC boosted its position in Energy Fuels by 793.4% in the fourth quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock worth $30,000 after purchasing an additional 5,260 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Energy Fuels by 65.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock valued at $32,000 after purchasing an additional 2,442 shares during the period. Finally, Lionstone Capital Management LLC purchased a new stake in shares of Energy Fuels during the 4th quarter valued at about $35,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.