Yellow Cake (LON:YCA) Reaches New 1-Year Low – Here’s Why

Yellow Cake plc (LON:YCA) shares reached a new 52-week low on Monday . The stock traded as low as GBX 417 ($5.40) and last traded at GBX 421.40 ($5.46), with a volume of 902143 shares. The stock had previously closed at GBX 431.60 ($5.59).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 712 ($9.22) target price on shares of Yellow Cake in a research report on Tuesday, January 28th.

Yellow Cake Stock Performance

The stock has a market cap of £918.20 million, a P/E ratio of 1.59 and a beta of 0.27. The company’s 50 day moving average price is GBX 479.84 and its 200-day moving average price is GBX 519.93.

Yellow Cake Company Profile

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.