Yellow Cake (LON:YCA) Earns Buy Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Yellow Cake (LON:YCA) in a report published on Tuesday morning, MarketBeat.com reports. They currently have a GBX 776 ($9.66) price objective on the stock.

Yellow Cake Stock Up 1.3 %

Yellow Cake stock opened at GBX 625.50 ($7.79) on Tuesday. The firm has a 50-day moving average price of GBX 632.97 and a two-hundred day moving average price of GBX 613.08. The firm has a market capitalization of £1.36 billion, a price-to-earnings ratio of 309.65 and a beta of 0.29. Yellow Cake has a 52-week low of GBX 352.20 ($4.38) and a 52-week high of GBX 749.50 ($9.33).

Yellow Cake Company Profile

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.