Energy Fuels (NYSEAMERICAN:UUUU) Lowered to Strong Sell Rating by Zacks Research

Zacks Research lowered shares of Energy Fuels (NYSEAMERICAN:UUUU) from a hold rating to a strong sell rating in a research report report published on Tuesday morning,Zacks.com reports.

Several other equities research analysts have also issued reports on UUUU. Roth Capital upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 target price for the company in a report on Friday, August 7th. The Goldman Sachs Group reduced their price objective on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a research report on Friday, June 12th. B. Riley Financial decreased their price objective on shares of Energy Fuels from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Monday. Finally, HC Wainwright restated a “buy” rating and set a $29.00 target price on shares of Energy Fuels in a research report on Monday, June 22nd. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $22.75.

Energy Fuels Stock Performance

NYSEAMERICAN:UUUU opened at $14.47 on Tuesday. The firm has a market capitalization of $3.62 billion, a PE ratio of -45.22 and a beta of 1.53. The stock’s fifty day moving average is $13.71 and its 200 day moving average is $17.93. Energy Fuels has a fifty-two week low of $8.16 and a fifty-two week high of $27.90. The company has a debt-to-equity ratio of 0.93, a quick ratio of 25.59 and a current ratio of 27.51.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.09). Energy Fuels had a negative return on equity of 11.65% and a negative net margin of 77.75%.The firm had revenue of $25.11 million for the quarter. On average, sell-side analysts anticipate that Energy Fuels will post -0.25 earnings per share for the current year.

Insider Activity

In related news, CEO Ross R. Bhappu acquired 74,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was bought at an average price of $13.08 per share, for a total transaction of $967,920.00. Following the acquisition, the chief executive officer directly owned 256,583 shares of the company’s stock, valued at $3,356,105.64. This represents a 40.53% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Bruce D. Hansen acquired 4,000 shares of the stock in a transaction on Wednesday, July 8th. The stock was bought at an average cost of $12.70 per share, with a total value of $50,800.00. Following the completion of the transaction, the director owned 313,844 shares in the company, valued at $3,985,818.80. This trade represents a 1.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.97% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Harbour Investments Inc. lifted its holdings in shares of Energy Fuels by 74.5% in the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock worth $25,000 after buying an additional 741 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of Energy Fuels by 75.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock valued at $25,000 after acquiring an additional 758 shares in the last quarter. Mcguire Capital Advisors Inc. bought a new stake in shares of Energy Fuels in the fourth quarter valued at about $27,000. State of Wyoming purchased a new stake in Energy Fuels in the fourth quarter worth about $34,000. Finally, EFG International AG purchased a new stake in Energy Fuels in the fourth quarter worth about $36,000. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Energy Fuels Company Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.