Energy Fuels (NYSEAMERICAN:UUUU) Stock Price Up 9.7% – Time to Buy?

Energy Fuels Inc. (NYSEAMERICAN:UUUU)’s share price rose 9.7% during trading on Friday . The company traded as high as $4.48 and last traded at $4.41. Approximately 7,042,368 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 7,662,057 shares. The stock had previously closed at $4.02.

Wall Street Analysts Forecast Growth

UUUU has been the subject of a number of research analyst reports. HC Wainwright decreased their price target on Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research note on Friday. Roth Mkm upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective for the company in a research note on Friday. Finally, Roth Capital upgraded Energy Fuels from a “hold” rating to a “strong-buy” rating in a research note on Friday.

Energy Fuels Stock Up 2.5 %

The stock has a market capitalization of $818.60 million, a PE ratio of -18.73 and a beta of 1.68. The firm has a 50 day moving average price of $5.37 and a 200-day moving average price of $5.57.

Insider Transactions at Energy Fuels

In related news, Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the sale, the director now directly owns 178,380 shares of the company’s stock, valued at $970,387.20. This trade represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alex G. Morrison sold 17,500 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was 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 approximately $946,820.16. This trade represents a 9.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.92% of the company’s stock.

Institutional Trading of Energy Fuels

Several institutional investors have recently bought and sold shares of UUUU. AlphaMark Advisors LLC acquired a new stake in Energy Fuels in the fourth quarter valued at approximately $25,000. Sterling Capital Management LLC boosted its stake in shares of Energy Fuels by 793.4% in the fourth quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock worth $30,000 after acquiring an additional 5,260 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Energy Fuels by 65.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock worth $32,000 after acquiring an additional 2,442 shares during the last quarter. Lionstone Capital Management LLC acquired a new stake in shares of Energy Fuels in the fourth quarter worth approximately $35,000. Finally, Signaturefd LLC boosted its stake in shares of Energy Fuels by 48.5% in the fourth quarter. Signaturefd LLC now owns 8,870 shares of the company’s stock worth $46,000 after acquiring an additional 2,898 shares during the last quarter. 48.24% of the stock is owned by institutional investors and hedge funds.

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.