Centrus Energy (NYSE:LEU) Now Covered by Analysts at HC Wainwright

Analysts at HC Wainwright initiated coverage on shares of Centrus Energy (NYSE:LEU) in a report issued on Tuesday,Briefing.com Automated Import reports. The firm set a “buy” rating and a $300.00 price target on the stock. HC Wainwright’s price target points to a potential upside of 234.90% from the company’s current price.

LEU has been the topic of a number of other research reports. B. Riley upped their price target on shares of Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Roth Mkm decreased their price target on shares of Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Finally, StockNews.com upgraded shares of Centrus Energy to a “sell” rating in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $161.33.

Centrus Energy Stock Down 8.8 %

Shares of LEU stock opened at $89.58 on Tuesday. The company has a debt-to-equity ratio of 3.09, a quick ratio of 2.46 and a current ratio of 2.93. The firm’s 50-day moving average is $84.15 and its 200-day moving average is $71.22. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 20.31 and a beta of 1.17. Centrus Energy has a 52-week low of $33.51 and a 52-week high of $122.94.

Insiders Place Their Bets

In other Centrus Energy news, SVP Larry B. Cutlip sold 4,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total transaction of $481,240.00. Following the transaction, the senior vice president now owns 9,402 shares in the company, valued at $1,131,154.62. This represents a 29.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Institutional Trading of Centrus Energy

Several large investors have recently made changes to their positions in LEU. Anatole Investment Management Ltd acquired a new stake in shares of Centrus Energy during the 4th quarter worth approximately $27,880,000. Reaves W H & Co. Inc. acquired a new stake in shares of Centrus Energy during the 4th quarter worth approximately $15,215,000. Soros Fund Management LLC acquired a new stake in shares of Centrus Energy during the 4th quarter worth approximately $14,821,000. Voloridge Investment Management LLC boosted its position in shares of Centrus Energy by 1,300.5% during the 4th quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company’s stock worth $15,664,000 after acquiring an additional 218,364 shares in the last quarter. Finally, FMR LLC boosted its position in shares of Centrus Energy by 79.3% during the 3rd quarter. FMR LLC now owns 426,249 shares of the company’s stock worth $23,380,000 after acquiring an additional 188,478 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

About Centrus Energy

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