Yellow Cake (LON:YCA) Trading Down 3.2% – Here’s What Happened

Yellow Cake plc (LON:YCAGet Free Report)’s stock price was down 3.2% during mid-day trading on Monday . The stock traded as low as GBX 415 ($5.39) and last traded at GBX 418.60 ($5.44). Approximately 2,255,489 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 1,846,240 shares. The stock had previously closed at GBX 432.60 ($5.62).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 712 ($9.25) price objective on shares of Yellow Cake in a research note on Tuesday, January 28th.

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Yellow Cake Price Performance

The firm has a market capitalization of £929.48 million, a P/E ratio of 1.61 and a beta of 0.27. The firm’s fifty day moving average price is GBX 458.49 and its 200-day moving average price is GBX 512.12.

Yellow Cake Company Profile

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Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.

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