Cameco Corporation (NYSE:CCJ) currently has a daily average trading volume of 3.81M but it saw 5531039 shares traded on Thursday. With a market cap of 12.18B USD, stock’s current market price of $27.75 came falling about -0.36 while comparing to the previous closing price of $27.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.29 and as low as $20.34. In the recent trading on the day, stock has struck highest price mark of $28.35 while lowest mark touched by it was $27.495.
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Taking a look at 20-day trading activity of Cameco Corporation (CCJ) gives us an average price of $27.56, while its current price level is -11.31% below from 52-week high level whereas it is 36.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $26.32 while that of 200 days or SMA-200 reads an average of $25.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.73% during that period while stretching the period over a month that decreases to 3.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.49 which implies that the stock is in neutral territory.
Over the week, CCJ’s stock price is moving 1.72% up while it is 5.75% when we observe its performance for the past one month. Year-to-date it is 22.41% up and over the past year, the stock is showing an upside performance of 16.99%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.2 beat the consensus estimate of $0.19 for the same. For CCJ, analysts are forecasting an EPS-growth rate of 216.70% for current year and estimate for EPS growth in next year is 56.60%. In next quarter, company is expected to be making quarterly sales of $375.96 million as analysts are expecting the sales for current fiscal year at $1.87 billion and seeing the company making $1.86 billion in sales next year. Moreover, analysts are in estimates of $354.7 million for current-quarter revenue.
Currently, Cameco Corporation’s total number of outstanding shares is 432.85M with 0.12% of that held by the insiders while 69.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.60% and return on equity (ROE) at 3.10%. It has a price to earnings ratio (P/E ratio) of 94.07 while having a 17.28 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 2.72 while price to sale or P/S ratio amounts to 7.62. Its return on asset (ROA) is 2.10% on average.
As per SEC documents, American Funds Capital World Grow shunned 11,446,000 of company’s common stock of worth $314.65 million as per recent closing price of the stock. American Funds Capital World Grow is not the only institutional holder which restructured its stake in Cameco Corporation, as Global X Uranium ETF dumped 11,348,201 shares of worth $311.96 million to bring its holdings to a total of 30168.0 shares. In the most recent quarter, Vanguard Total International Stoc came cutting its stake by -0.20% in the company and now holds 5.69 million or 1.32% of the company’s stake having worth of about 156.31 million.