Cameco Corp. (NYSE: CCJ) on November 20, 2023, started off the session at the price of $44.71, soaring 1.68% from the previous trading day. During the day, the shares moved up to $45.445 and dropped to $44.56 before settling in for the closing price of $44.60. Within the past 52 weeks, CCJ’s price has moved between $21.22 and $44.99.
Annual sales at Energy sector company slipped by -2.13% over the past five years. The company achieved an average annual earnings per share of 153.84%. With a float of $431.36 million, this company’s outstanding shares have now reached $432.52 million.
In terms of profitability, gross margin is +9.16, operating margin of -0.62, and the pretax margin is -0.49.
Cameco Corp. (CCJ) Insider Updates
Observing investor behavior towards Uranium industry stocks is more important than anything else. The insider ownership of Cameco Corp. is 0.45%, while institutional ownership is 77.72%.
Cameco Corp. (CCJ) Performance Highlights and Predictions
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.23 earnings per share (EPS) for the period topping the consensus outlook (set at $0.09) by $0.14. This company achieved a net margin of +4.78 while generating a return on equity of 1.67. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 153.84% per share during the next fiscal year.
Cameco Corp. (NYSE: CCJ) Trading Performance Indicators
Cameco Corp. (CCJ) is currently performing well based on its current performance indicators. A quick ratio of 3.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.69. Likewise, its price to free cash flow for the trailing twelve months is 70.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.45, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.47 in one year’s time.
Technical Analysis of Cameco Corp. (CCJ)
Cameco Corp. (NYSE: CCJ) saw its 5-day average volume 4.58 million, a positive change from its year-to-date volume of 4.55 million. As of the previous 9 days, the stock’s Stochastic %D was 94.07%. Additionally, its Average True Range was 1.47.
During the past 100 days, Cameco Corp.’s (CCJ) raw stochastic average was set at 99.42%, which indicates a significant increase from 98.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.26% in the past 14 days, which was higher than the 33.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.73, while its 200-day Moving Average is $32.21. Nevertheless, the first resistance level for the watch stands at $45.68 in the near term. At $46.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $46.56. If the price goes on to break the first support level at $44.79, it is likely to go to the next support level at $44.23. Assuming the price breaks the second support level, the third support level stands at $43.91.
Cameco Corp. (NYSE: CCJ) Key Stats
Market capitalization of the company is 19.65 billion based on 433,865K outstanding shares. Right now, sales total 1,437 M and income totals 68,750 K. The company made 428,610 K in profit during its latest quarter, and 110,360 K in sales during its previous quarter.