Energy Fuels (TSE:EFR) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$29.21 and traded as low as C$26.97. Energy Fuels shares last traded at C$27.30, with a volume of 635,144 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on EFR shares. The Goldman Sachs Group upgraded shares of Energy Fuels to a “strong-buy” rating in a research report on Tuesday, February 10th. Roth Mkm raised shares of Energy Fuels from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Energy Fuels presently has an average rating of “Strong Buy”.

Energy Fuels Stock Performance

The stock has a market capitalization of C$6.19 billion, a PE ratio of -67.42 and a beta of 0.98. The company has a quick ratio of 19.23, a current ratio of 30.69 and a debt-to-equity ratio of 99.60. The firm has a 50 day moving average price of C$29.41 and a 200-day moving average price of C$24.65.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last issued its earnings results on Thursday, February 26th. The company reported C($0.12) EPS for the quarter. The firm had revenue of C$36.43 million during the quarter. Energy Fuels had a negative net margin of 129.90% and a negative return on equity of 13.16%. Research analysts expect that Energy Fuels Inc. will post 0.19 EPS for the current fiscal year.

About Energy Fuels

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.