Yellow Cake (LON:YCA) Hits New 1-Year Low – Should You Sell?

Yellow Cake plc (LON:YCA) reached a new 52-week low on Tuesday . The stock traded as low as GBX 461.80 ($5.75) and last traded at GBX 464.20 ($5.78), with a volume of 2041919 shares trading hands. The stock had previously closed at GBX 475 ($5.91).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 712 ($8.86) price objective on shares of Yellow Cake in a research note on Tuesday.

Yellow Cake Stock Down 0.0 %

The stock’s 50 day moving average is GBX 519.11 and its 200-day moving average is GBX 533.75. The company has a market cap of £1.07 billion, a PE ratio of 189.41 and a beta of 0.27.

About Yellow Cake

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.