Yellow Cake (LON:YCA) Sets New 12-Month Low – Here’s What Happened

Yellow Cake plc (LON:YCA)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 425 ($5.48) and last traded at GBX 425.20 ($5.48), with a volume of 1074426 shares. The stock had previously closed at GBX 440.20 ($5.67).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 712 ($9.18) price target on shares of Yellow Cake in a report on Tuesday, January 28th.

Yellow Cake Stock Performance

The firm’s fifty day moving average is GBX 485.18 and its two-hundred day moving average is GBX 522.37. The company has a market cap of £919.50 million, a P/E ratio of 1.59 and a beta of 0.27.

About Yellow Cake

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.