Yellow Cake (LON:YCA) Sets New 12-Month Low – What’s Next?

Shares of Yellow Cake plc (LON:YCAGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 450.80 ($5.69) and last traded at GBX 451.18 ($5.69), with a volume of 888657 shares trading hands. The stock had previously closed at GBX 457 ($5.77).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 712 ($8.98) target price on shares of Yellow Cake in a research note on Tuesday, January 28th.

View Our Latest Analysis on YCA

Yellow Cake Stock Down 1.6 %

The firm has a market cap of £974.56 million, a price-to-earnings ratio of 1.68 and a beta of 0.27. The business has a 50 day moving average price of GBX 500.28 and a 200-day moving average price of GBX 528.12.

About Yellow Cake

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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.

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