Energy Fuels (TSE:EFR) Shares Cross Below 50-Day Moving Average – Should You Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$7.20 and traded as low as C$5.61. Energy Fuels shares last traded at C$5.71, with a volume of 525,010 shares.

Wall Street Analyst Weigh In

Separately, Roth Capital raised Energy Fuels from a “hold” rating to a “strong-buy” rating in a report on Friday, February 28th.

Energy Fuels Price Performance

The stock’s fifty day moving average price is C$7.20 and its 200-day moving average price is C$7.76. The firm has a market cap of C$794.88 million, a PE ratio of -18.96 and a beta of 1.54. The company has a debt-to-equity ratio of 0.31, a current ratio of 18.01 and a quick ratio of 19.23.

Insider Activity at Energy Fuels

In other Energy Fuels news, Director James Birks Bovaird sold 10,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$7.85, for a total value of C$78,500.00. Also, Director Alexander Morrison sold 17,500 shares of Energy Fuels stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of C$8.17, for a total value of C$143,035.39. 2.03% of the stock is owned by corporate insiders.

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.