Centrus Energy (NYSE:LEU) Upgraded by StockNews.com to Sell Rating

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) to a sell rating in a report released on Monday morning.

Other equities research analysts also recently issued reports about the stock. Roth Mkm cut their price target on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th. B. Riley upped their price objective on shares of Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th.

Centrus Energy Price Performance

Shares of NYSE LEU opened at $114.39 on Monday. Centrus Energy has a twelve month low of $33.51 and a twelve month high of $119.42. The company has a current ratio of 1.63, a quick ratio of 1.03 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 25.94 and a beta of 1.17. The firm has a 50-day moving average of $76.81 and a two-hundred day moving average of $65.89.

Hedge Funds Weigh In On Centrus Energy

A number of large investors have recently made changes to their positions in LEU. AQR Capital Management LLC acquired a new position in shares of Centrus Energy in the 2nd quarter valued at about $275,000. The Manufacturers Life Insurance Company acquired a new position in shares of Centrus Energy in the 2nd quarter valued at about $233,000. SG Americas Securities LLC acquired a new position in shares of Centrus Energy in the 3rd quarter valued at about $281,000. Exchange Traded Concepts LLC increased its holdings in shares of Centrus Energy by 81.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 18,174 shares of the company’s stock valued at $997,000 after purchasing an additional 8,177 shares during the period. Finally, Vontobel Holding Ltd. increased its holdings in shares of Centrus Energy by 17.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company’s stock valued at $303,000 after purchasing an additional 815 shares during the period. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.