Energy Fuels (NYSE:UUUU) Shares Down 3.5% – Time to Sell?

Shares of Energy Fuels Inc. (NYSE:UUUU) fell 3.5% during trading on Friday . The stock traded as low as $5.65 and last traded at $5.68. 1,706,711 shares changed hands during trading, a decline of 67% from the average session volume of 5,162,472 shares. The stock had previously closed at $5.88.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on UUUU shares. Roth Mkm dropped their target price on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Monday, November 4th. HC Wainwright reiterated a “buy” rating and set a $11.00 target price on shares of Energy Fuels in a research report on Wednesday, December 11th.

Energy Fuels Stock Performance

The firm has a market cap of $1.13 billion, a PE ratio of -25.95 and a beta of 1.71. The firm has a fifty day simple moving average of $5.96 and a two-hundred day simple moving average of $5.65.

Energy Fuels (NYSE:UUUU) last announced its quarterly earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. Equities analysts forecast that Energy Fuels Inc. will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Dennis Lyle Higgs sold 18,615 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total transaction of $134,586.45. Following the transaction, the director now owns 291,422 shares in the company, valued at $2,106,981.06. The trade was a 6.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Alex G. Morrison sold 17,500 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total transaction of $100,100.00. Following the completion of the sale, the director now owns 165,528 shares of the company’s stock, valued at $946,820.16. This trade represents a 9.56 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.92% of the company’s stock.

Institutional Trading of Energy Fuels

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC grew its stake in shares of Energy Fuels by 126.6% during the third quarter. Barclays PLC now owns 412,137 shares of the company’s stock valued at $2,262,000 after buying an additional 230,259 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Energy Fuels by 217.3% during the third quarter. JPMorgan Chase & Co. now owns 223,061 shares of the company’s stock worth $1,225,000 after purchasing an additional 152,751 shares during the last quarter. Bridgewater Associates LP boosted its stake in shares of Energy Fuels by 8.8% during the third quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock valued at $9,094,000 after purchasing an additional 134,531 shares during the period. Geode Capital Management LLC grew its holdings in shares of Energy Fuels by 14.1% in the third quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock worth $12,731,000 after purchasing an additional 285,680 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in Energy Fuels by 233.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after buying an additional 632,713 shares in the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

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.