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Why should you keep an eye on Cameco Corporation (CCJ)?

Cameco Corporation (NYSE: CCJ) is 12.44% higher on its value in year-to-date trading and has touched a low of $20.01 and a high of $32.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CCJ stock was last observed hovering at around $25.37 in the last trading session, with the day’s gains setting it 0.12%.

Currently trading at $25.49, the stock is -7.30% and -4.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.04 million and changing 0.47% at the moment leaves the stock 2.04% off its SMA200. CCJ registered -5.98% loss for a year compared to 6-month loss of -15.85%.

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The stock witnessed a -12.74% gain in the last 1 month and extending the period to 3 months gives it a 17.63%, and is -3.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.64% over the week and 3.20% over the month.

Cameco Corporation (CCJ) has around 2095 employees, a market worth around $11.39B and $1.35B in sales. Current P/E ratio is 156.38 and Fwd P/E is 15.15. Profit margin for the company is 4.80%. Distance from 52-week low is 27.35% and -21.55% from its 52-week high. The company has generated returns on investments over the last 12 months (0.60%).

The EPS is expected to grow by 185.10% this year.

Cameco Corporation (CCJ) Top Institutional Holders

The shares outstanding are 432.72M, and float is at 431.70M with Short Float at 3.86%.

Cameco Corporation (CCJ): Who are the competitors?

The company’s main competitors (and peers) include BHP Group Limited (BHP) that is trading -0.22% down over the past 12 months and Denison Mines Corp. (DNN) that is -35.98% lower over the same period.

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