Cameco (NYSE:CCJ) Trading Up 0.1% – What’s Next?

Cameco Co. (NYSE:CCJ) (TSE:CCO)’s share price rose 0.1% on Tuesday . The company traded as high as $50.55 and last traded at $50.43. Approximately 622,220 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 4,495,219 shares. The stock had previously closed at $50.36.

Cameco Trading Down 0.7 %

The firm has a market cap of $21.76 billion, a P/E ratio of 262.42 and a beta of 0.94. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The company’s 50 day simple moving average is $52.71 and its 200-day simple moving average is $49.44.

Institutional Investors Weigh In On Cameco

Several hedge funds have recently made changes to their positions in the company. Glenmede Trust Co. NA raised its holdings in shares of Cameco by 2.1% in the third quarter. Glenmede Trust Co. NA now owns 9,149 shares of the basic materials company’s stock worth $437,000 after buying an additional 191 shares during the last quarter. S.A. Mason LLC increased its holdings in shares of Cameco by 6.0% in the third quarter. S.A. Mason LLC now owns 3,655 shares of the basic materials company’s stock valued at $175,000 after purchasing an additional 206 shares during the period. EdgeRock Capital LLC lifted its holdings in shares of Cameco by 1.7% during the third quarter. EdgeRock Capital LLC now owns 13,689 shares of the basic materials company’s stock worth $654,000 after purchasing an additional 224 shares during the period. Larson Financial Group LLC boosted its position in Cameco by 37.4% in the fourth quarter. Larson Financial Group LLC now owns 830 shares of the basic materials company’s stock valued at $43,000 after buying an additional 226 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in Cameco by 71.5% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock worth $27,000 after buying an additional 238 shares during the last quarter. 70.21% of the stock is currently owned by hedge funds and other institutional investors.

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.