Energy Fuels (TSE:EFR) Shares Pass Below 50-Day Moving Average – Here’s Why

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$8.70 and traded as low as C$7.38. Energy Fuels shares last traded at C$7.54, with a volume of 349,480 shares traded.

Energy Fuels Price Performance

The firm has a market capitalization of C$1.45 billion, a P/E ratio of -61.58 and a beta of 1.54. The company has a quick ratio of 19.23, a current ratio of 28.28 and a debt-to-equity ratio of 0.32. The business’s 50-day simple moving average is C$8.68 and its 200 day simple moving average is C$7.88.

Insider Activity at Energy Fuels

In other news, Director Alexander Morrison sold 17,500 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of C$8.17, for a total transaction of C$143,035.39. Also, Director Dennis Higgs sold 18,615 shares of Energy Fuels stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of C$10.13, for a total transaction of C$188,488.79. In the last 90 days, insiders have sold 46,115 shares of company stock valued at $410,024. Insiders own 2.03% of the company’s stock.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.