Energy Fuels (TSE:EFR) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$26.02 and traded as low as C$18.50. Energy Fuels shares last traded at C$18.60, with a volume of 400,165 shares changing hands.

Energy Fuels Stock Performance

The firm has a market cap of C$4.09 billion, a price-to-earnings ratio of -56.48 and a beta of 1.30. The firm’s 50 day moving average is C$22.81 and its 200-day moving average is C$26.00. The company has a debt-to-equity ratio of 93.67, a quick ratio of 19.23 and a current ratio of 27.51.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its earnings results on Wednesday, May 6th. The company reported C($0.06) EPS for the quarter. Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 82.70%.The business had revenue of C$49.83 million for the quarter. Sell-side analysts anticipate that Energy Fuels Inc. will post 0.19 earnings per share for the current fiscal year.

Insider Buying and Selling at Energy Fuels

In related news, insider Ross Randolph Bhappu bought 74,000 shares of Energy Fuels stock in a transaction that occurred on Tuesday, July 7th. The stock was purchased at an average cost of C$17.94 per share, for a total transaction of C$1,327,560.00. Following the acquisition, the insider owned 74,000 shares in the company, valued at C$1,327,560. This trade represents a ∞ increase in their ownership of the stock. 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.