Fission Uranium (OTCMKTS:FCUUF) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Fission Uranium Corp. (OTCMKTS:FCUUF)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.60 and traded as low as $0.50. Fission Uranium shares last traded at $0.50, with a volume of 276,503 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on FCUUF shares. HC Wainwright increased their price objective on Fission Uranium from $1.90 to $2.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Canaccord Genuity Group downgraded Fission Uranium from a “moderate buy” rating to a “hold” rating in a research note on Thursday, December 19th.

Fission Uranium Trading Down 1.2 %

The stock has a market cap of $433.08 million, a price-to-earnings ratio of -50.43 and a beta of 2.24. The stock has a fifty day simple moving average of $0.50 and a 200-day simple moving average of $0.60.

Fission Uranium Company Profile

Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its flagship property is the 100% owned Patterson Lake South property with 17 contiguous mineral claims covering an area of 31,039 ha located in the Athabasca Basin region of Saskatchewan, Canada.