Fission Uranium (OTCMKTS:FCUUF) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Fission Uranium Corp. (OTCMKTS:FCUUF) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.52 and traded as low as $0.50. Fission Uranium shares last traded at $0.50, with a volume of 276,503 shares.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Canaccord Genuity Group cut shares of Fission Uranium from a “moderate buy” rating to a “hold” rating in a report on Thursday, December 19th. HC Wainwright boosted their price objective on Fission Uranium from $1.90 to $2.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th.

Fission Uranium Stock Down 1.2 %

The business’s 50-day moving average price is $0.52 and its 200 day moving average price is $0.63. The company has a market capitalization of $433.08 million, a P/E ratio of -50.43 and a beta of 2.24.

Fission Uranium Company Profile

Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its flagship property is the 100% owned Patterson Lake South property with 17 contiguous mineral claims covering an area of 31,039 ha located in the Athabasca Basin region of Saskatchewan, Canada.