Energy Fuels (NYSEAMERICAN:UUUU) Shares Up 5.8% – What’s Next?

Energy Fuels Inc. (NYSEAMERICAN:UUUU)’s share price was up 5.8% during trading on Friday . The company traded as high as $4.05 and last traded at $4.01. Approximately 1,837,613 shares traded hands during trading, a decline of 76% from the average daily volume of 7,719,041 shares. The stock had previously closed at $3.79.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on UUUU. Roth Capital set a $5.75 price target on Energy Fuels in a research note on Friday, February 28th. Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 target price for the company in a research report on Friday, February 28th. Finally, HC Wainwright decreased their price target on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating on the stock in a research report on Friday, February 28th.

Energy Fuels Stock Performance

The stock has a 50-day moving average price of $4.56 and a two-hundred day moving average price of $5.43. The stock has a market capitalization of $812.64 million, a PE ratio of -18.59 and a beta of 1.68.

Insider Buying and Selling at Energy Fuels

In related news, Director Barbara Appelin Filas sold 10,000 shares of Energy Fuels stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $4.15, for a total transaction of $41,500.00. Following the sale, the director now owns 160,159 shares of the company’s stock, valued at approximately $664,659.85. This trade represents a 5.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Bruce D. Hansen purchased 6,000 shares of the company’s stock in a transaction on Wednesday, March 19th. The stock was acquired at an average price of $4.25 per share, with a total value of $25,500.00. Following the completion of the purchase, the director now directly owns 295,239 shares in the company, valued at $1,254,765.75. This trade represents a 2.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.92% of the company’s stock.

Institutional Trading of Energy Fuels

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of Energy Fuels by 14.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 439,605 shares of the company’s stock worth $2,413,000 after acquiring an additional 54,780 shares in the last quarter. FMR LLC lifted its position in Energy Fuels by 3.1% during the third quarter. FMR LLC now owns 82,754 shares of the company’s stock valued at $455,000 after purchasing an additional 2,520 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Energy Fuels by 6.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company’s stock worth $161,000 after buying an additional 1,653 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Energy Fuels by 3.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 143,423 shares of the company’s stock worth $787,000 after buying an additional 4,484 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Energy Fuels by 4.5% during the 3rd quarter. HighTower Advisors LLC now owns 126,001 shares of the company’s stock valued at $691,000 after buying an additional 5,404 shares in the last quarter. 48.24% of the stock is currently owned by 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.