Energy Fuels (TSE:EFR) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.93 and traded as low as C$7.53. Energy Fuels shares last traded at C$7.67, with a volume of 202,264 shares.

Energy Fuels Price Performance

The stock has a market cap of C$1.50 billion, a price-to-earnings ratio of -63.92 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a current ratio of 28.28 and a quick ratio of 19.23. The stock’s 50 day simple moving average is C$8.96 and its two-hundred day simple moving average is C$7.93.

Insider Buying and Selling at Energy Fuels

In related news, Director Alexander Morrison sold 17,500 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of C$8.17, for a total transaction of C$143,035.39. Also, Director Dennis Higgs sold 18,615 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of C$10.13, for a total transaction of C$188,488.79. Company insiders own 2.03% of the company’s stock.

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.