Fission Uranium (OTCMKTS:FCUUF) Shares Cross Below 200-Day Moving Average – Here’s Why

Fission Uranium Corp. (OTCMKTS:FCUUF)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.57 and traded as low as $0.50. Fission Uranium shares last traded at $0.50, with a volume of 276,503 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut shares of Fission Uranium from a “moderate buy” rating to a “hold” rating in a research note on Thursday, December 19th.

Fission Uranium Trading Down 1.2 %

The firm has a market cap of $433.08 million, a PE ratio of -50.43 and a beta of 2.24. The business has a fifty day moving average of $0.50 and a 200-day moving average of $0.57.

Fission Uranium Company Profile

Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its flagship property is the 100% owned Patterson Lake South property with 17 contiguous mineral claims covering an area of 31,039 ha located in the Athabasca Basin region of Saskatchewan, Canada.