HC Wainwright Issues Pessimistic Forecast for Energy Fuels (NYSEAMERICAN:UUUU) Stock Price

Energy Fuels (NYSEAMERICAN:UUUU) had its target price dropped by stock analysts at HC Wainwright from $11.00 to $10.75 in a research note issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright’s target price would indicate a potential upside of 160.92% from the stock’s previous close.

Separately, Roth Mkm raised Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target on the stock in a research note on Friday.

Energy Fuels Stock Up 2.5 %

Shares of UUUU stock opened at $4.12 on Friday. The stock has a market cap of $818.60 million, a price-to-earnings ratio of -18.73 and a beta of 1.68. The business’s fifty day moving average is $5.37 and its 200 day moving average is $5.57. Energy Fuels has a twelve month low of $3.97 and a twelve month high of $7.47.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Alex G. Morrison sold 17,500 shares of the stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total value of $100,100.00. Following the transaction, the director now owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. This represents a 9.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total value of $54,400.00. Following the completion of the transaction, the director now directly owns 178,380 shares in the company, valued at approximately $970,387.20. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. 1.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. AlphaMark Advisors LLC purchased a new stake in shares of Energy Fuels during the fourth quarter worth about $25,000. Sterling Capital Management LLC grew its position in shares of Energy Fuels by 793.4% during the fourth quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock worth $30,000 after purchasing an additional 5,260 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Energy Fuels by 65.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock worth $32,000 after purchasing an additional 2,442 shares in the last quarter. Lionstone Capital Management LLC purchased a new stake in shares of Energy Fuels during the fourth quarter worth about $35,000. Finally, Signaturefd LLC grew its position in shares of Energy Fuels by 48.5% during the fourth quarter. Signaturefd LLC now owns 8,870 shares of the company’s stock worth $46,000 after purchasing an additional 2,898 shares in the last quarter. Institutional investors own 48.24% of the company’s stock.

About Energy Fuels

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.