Yellow Cake (LON:YCA) Shares Down 3.2% – Here’s What Happened

Yellow Cake plc (LON:YCAGet Free Report) fell 3.2% during trading on Monday . The stock traded as low as GBX 415 ($5.36) and last traded at GBX 418.60 ($5.41). 2,255,489 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 1,846,240 shares. The stock had previously closed at GBX 432.60 ($5.59).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 712 ($9.20) price objective on shares of Yellow Cake in a report on Tuesday, January 28th.

View Our Latest Stock Report on Yellow Cake

Yellow Cake Trading Down 3.2 %

The company has a fifty day moving average of GBX 460.42 and a 200-day moving average of GBX 512.87. The company has a market capitalization of £907.37 million, a price-to-earnings ratio of 1.57 and a beta of 0.27.

Yellow Cake Company Profile

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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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