Centrus Energy (NYSE:LEU) Downgraded to Sell at StockNews.com

StockNews.com cut shares of Centrus Energy (NYSE:LEUGet Rating) from a hold rating to a sell rating in a research report sent to investors on Tuesday morning.

Centrus Energy Price Performance

LEU stock opened at $38.80 on Tuesday. Centrus Energy has a 52-week low of $17.36 and a 52-week high of $88.88. The company’s 50-day moving average price is $28.61. The company has a market capitalization of $562.17 million, a PE ratio of 4.01 and a beta of 2.32.

Centrus Energy (NYSE:LEUGet Rating) last announced its quarterly earnings results on Thursday, May 5th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.84). The business had revenue of $35.30 million for the quarter, compared to the consensus estimate of $66.30 million. Centrus Energy had a negative return on equity of 103.39% and a net margin of 60.97%. On average, equities analysts forecast that Centrus Energy will post 3.39 earnings per share for the current fiscal year.

Centrus Energy Company Profile

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

Further Reading

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