A number of other analysts have also weighed in on the company. B. Riley upped their price objective on Centrus Energy from $88.00 to $126.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Roth Mkm lowered their target price on Centrus Energy from $62.00 to $58.00 and set a "neutral" rating on the stock in a report on Wednesday, October 30th.
Read Our Latest Research Report on Centrus Energy
Centrus Energy stock traded up $5.48 during trading hours on Monday, reaching $114.39. The stock had a trading volume of 1,626,914 shares, compared to its average volume of 904,962. The business's 50 day moving average price is $76.81 and its 200-day moving average price is $65.89. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.63 and a quick ratio of 1.03. Centrus Energy has a 52 week low of $33.51 and a 52 week high of $119.42. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 25.94 and a beta of 1.17.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cape Investment Advisory Inc. bought a new stake in Centrus Energy in the 4th quarter valued at about $27,000. PNC Financial Services Group Inc. lifted its holdings in shares of Centrus Energy by 77.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after purchasing an additional 192 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Centrus Energy by 33,333.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock valued at $67,000 after purchasing an additional 1,000 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in Centrus Energy during the fourth quarter valued at $113,000. Finally, Canton Hathaway LLC bought a new position in shares of Centrus Energy during the fourth quarter worth $161,000. Institutional investors and hedge funds own 49.96% of the company's stock.
Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.
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