30.01% percent quarterly performance for Cameco Corp (CCJ) is not indicative of the underlying story

On Friday, Cameco Corp (NYSE: CCJ) was 0.90% up from the session before settling in for the closing price of $53.11. A 52-week range for CCJ has been $35.43 – $58.72.

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Energy Sector giant saw their annual sales surged by 5.17% over the last five years. When this article was written, the company’s average yearly earnings per share was at -10.20%. With a float of $433.31 million, this company’s outstanding shares have now reached $434.18 million.

The firm has a total of 2638 workers. Let’s measure their productivity. In terms of profitability, gross margin is 21.2%, operating margin of 13.8%, and the pretax margin is 6.27%.

Cameco Corp (CCJ) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cameco Corp stocks. The insider ownership of Cameco Corp is 0.38%, while institutional ownership is 76.75%.

Cameco Corp (CCJ) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.21 earnings per share (EPS) during the time that was less than consensus figure (set at 0.25) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.36 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -10.20% per share during the next fiscal year.

Cameco Corp (NYSE: CCJ) Trading Performance Indicators

You can see what Cameco Corp (CCJ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 16.13. Likewise, its price to free cash flow for the trailing twelve months is 151.39.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.32 in one year’s time.

Technical Analysis of Cameco Corp (CCJ)

Analysing the last 5-days average volume posted by the [Cameco Corp, CCJ], we can find that recorded value of 5.78 million was better than the volume posted last year of 4.44 million. As of the previous 9 days, the stock’s Stochastic %D was 49.40%. Additionally, its Average True Range was 2.32.

During the past 100 days, Cameco Corp’s (CCJ) raw stochastic average was set at 77.97%, which indicates a significant increase from 54.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.06% in the past 14 days, which was lower than the 47.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $49.73, while its 200-day Moving Average is $47.21. Now, the first resistance to watch is $56.14. This is followed by the second major resistance level at $58.68. The third major resistance level sits at $60.90. If the price goes on to break the first support level at $51.38, it is likely to go to the next support level at $49.16. Should the price break the second support level, the third support level stands at $46.62.

Cameco Corp (NYSE: CCJ) Key Stats

There are 435,189K outstanding shares of the company, which has a market capitalization of 33.14 billion. As of now, sales total 1,917 M while income totals 267,320 K. Its latest quarter income was 528,200 K while its last quarter net income were 5,440 K.