Energy Fuels (NYSE:UUUU) Price Target Cut to $5.50 by Analysts at Roth Mkm

Energy Fuels (NYSE:UUUU) had its target price cut by Roth Mkm from $6.00 to $5.50 in a research note released on Monday morning, Benzinga reports. They currently have a neutral rating on the stock.

Separately, HC Wainwright raised their target price on shares of Energy Fuels from $10.75 to $11.00 and gave the company a “buy” rating in a research report on Monday. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $8.50.

Energy Fuels Stock Performance

Shares of NYSE UUUU traded up $0.05 during midday trading on Monday, hitting $5.68. 350,302 shares of the company’s stock were exchanged, compared to its average volume of 3,073,009. Energy Fuels has a 12 month low of $4.19 and a 12 month high of $8.68. The company’s 50 day moving average price is $5.46 and its 200 day moving average price is $5.67.

Energy Fuels (NYSE:UUUU) last released its quarterly earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The firm had revenue of $4.05 million during the quarter, compared to the consensus estimate of $5.10 million. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. As a group, equities research analysts predict that Energy Fuels will post -0.11 EPS for the current year.

Institutional Trading of Energy Fuels

Several large investors have recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in Energy Fuels by 14.3% in the 1st quarter. Principal Financial Group Inc. now owns 21,111 shares of the company’s stock worth $133,000 after purchasing an additional 2,639 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Energy Fuels by 10.8% during the 1st quarter. ProShare Advisors LLC now owns 28,816 shares of the company’s stock valued at $181,000 after acquiring an additional 2,798 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Energy Fuels by 14.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 23,628 shares of the company’s stock valued at $143,000 after buying an additional 3,014 shares in the last quarter. Vontobel Holding Ltd. raised its position in Energy Fuels by 12.4% during the third quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock valued at $187,000 after purchasing an additional 3,752 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in Energy Fuels by 261.7% in the third quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock worth $33,000 after buying an additional 4,321 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Energy Fuels Company Profile

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.