Energy Fuels (NYSEAMERICAN:UUUU) Sets New 1-Year Low – Time to Sell?

Energy Fuels Inc. (NYSEAMERICAN:UUUU)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $4.16 and last traded at $4.26, with a volume of 4473070 shares changing hands. The stock had previously closed at $4.44.

Analyst Ratings Changes

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

Energy Fuels Trading Down 8.6 %

The company has a market capitalization of $806.68 million, a PE ratio of -18.45 and a beta of 1.68. The company has a fifty day simple moving average of $5.37 and a 200-day simple moving average of $5.57.

Insider Activity

In other news, Director Alex G. Morrison sold 17,500 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total value of $100,100.00. Following the sale, the director now directly owns 165,528 shares in the company, valued at $946,820.16. This represents a 9.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the transaction, the director now directly owns 178,380 shares of the company’s stock, valued at approximately $970,387.20. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.92% of the company’s stock.

Hedge Funds Weigh In On Energy Fuels

Hedge funds have recently made changes to their positions in the stock. Mackenzie Financial Corp increased its stake in shares of Energy Fuels by 20.3% in the fourth quarter. Mackenzie Financial Corp now owns 109,035 shares of the company’s stock worth $560,000 after buying an additional 18,402 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Energy Fuels by 99.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 286,156 shares of the company’s stock worth $1,468,000 after buying an additional 142,733 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of Energy Fuels by 51.1% during the fourth quarter. ProShare Advisors LLC now owns 52,814 shares of the company’s stock valued at $271,000 after purchasing an additional 17,866 shares in the last quarter. Quantinno Capital Management LP acquired a new stake in shares of Energy Fuels in the 4th quarter worth approximately $73,000. Finally, Millennium Management LLC boosted its stake in Energy Fuels by 682.4% during the 4th quarter. Millennium Management LLC now owns 155,400 shares of the company’s stock valued at $797,000 after purchasing an additional 135,538 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Company Profile

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.