Cameco Corp. (NYSE: CCJ) on Friday, plunged -0.11% from the previous trading day, before settling in for the closing price of $53.85. Within the past 52 weeks, CCJ’s price has moved between $35.43 and $58.72.
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During the last 5-year period, the sales growth of Energy Sector giant was 5.17%. The company achieved an average annual earnings per share of 11.17%. With a float of $433.53 million, this company’s outstanding shares have now reached $434.18 million.
Let’s determine the extent of company efficiency that accounts for 2638 employees. In terms of profitability, gross margin is 21.64%, operating margin of 15.89%, and the pretax margin is 11.97%.
Cameco Corp. (CCJ) Insider Activity
Observing investor behavior towards Uranium industry stocks is more important than anything else. The insider ownership of Cameco Corp. is 0.38%, while institutional ownership is 77.94%.
Cameco Corp. (CCJ) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.24 earnings per share (EPS) for the period topping the consensus outlook (set at 0.09) by 0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.17% 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 1.48 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 11.97. Likewise, its price to free cash flow for the trailing twelve months is 69.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.44, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.29 in one year’s time.
Technical Analysis of Cameco Corp. (CCJ)
Looking closely at Cameco Corp. (NYSE: CCJ), its last 5-days average volume was 4.81 million, which is a jump from its year-to-date volume of 4.42 million. As of the previous 9 days, the stock’s Stochastic %D was 44.50%. Additionally, its Average True Range was 1.97.
During the past 100 days, Cameco Corp.’s (CCJ) raw stochastic average was set at 78.83%, which indicates a significant increase from 45.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.15% in the past 14 days, which was lower than the 47.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.95, while its 200-day Moving Average is $46.81. However, in the short run, Cameco Corp.’s stock first resistance to watch stands at $54.62. Second resistance stands at $55.45. The third major resistance level sits at $56.03. If the price goes on to break the first support level at $53.21, it is likely to go to the next support level at $52.63. Should the price break the second support level, the third support level stands at $51.80.
Cameco Corp. (NYSE: CCJ) Key Stats
Market capitalization of the company is 23.41 billion based on 435,181K outstanding shares. Right now, sales total 1,917 M and income totals 267,320 K. The company made 437,290 K in profit during its latest quarter, and 26,310 K in sales during its previous quarter.
