Fission Uranium (OTCMKTS:FCUUF) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Fission Uranium Corp. (OTCMKTS:FCUUF) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.60 and traded as low as $0.50. Fission Uranium shares last traded at $0.50, with a volume of 276,503 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on FCUUF. HC Wainwright increased their price target on Fission Uranium from $1.90 to $2.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Canaccord Genuity Group lowered Fission Uranium from a “moderate buy” rating to a “hold” rating in a report on Thursday, December 19th.

Fission Uranium Stock Performance

The business has a fifty day simple moving average of $0.50 and a 200 day simple moving average of $0.59. The stock has a market capitalization of $433.08 million, a price-to-earnings ratio of -50.43 and a beta of 2.24.

About Fission Uranium

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.