Cameco Corp. (NYSE: CCJ) is -14.06% lower on its value in year-to-date trading and has touched a low of $35.18 and a high of $56.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CCJ stock was last observed hovering at around $36.96 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $37.04, the stock is -7.83% and -15.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.47 million and changing 0.22% at the moment leaves the stock -19.69% off its SMA200. CCJ registered -0.16% loss for a year compared to 6-month loss of -10.16%.
The stock witnessed a -5.39% gain in the last 1 month and extending the period to 3 months gives it a -30.64%, and is -9.30% 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 4.77% over the week and 3.52% over the month.
Cameco Corp. (CCJ) has around 2638 employees, a market worth around $16.12B and $1.96B in sales. Current P/E ratio is 84.66 and Fwd P/E is 29.01. Profit margin for the company is 9.73%. Distance from 52-week low is 5.29% and -34.14% from its 52-week high. The company has generated returns on investments over the last 12 months (3.42%).
The EPS is expected to grow by 13.82% this year.
Cameco Corp. (CCJ) Top Institutional Holders
1004.0 institutions hold shares in Cameco Corp. (CCJ), with institutional investors hold 76.06% of the company’s shares. The shares outstanding are 434.18M, and float is at 433.53M with Short Float at 3.57%. Institutions hold 75.94% of the Float.
The top institutional shareholder in the company is FMR LLC with over 37.72 million shares valued at $1.86 billion. The investor’s holdings represent 10.6914% of the CCJ Shares outstanding. As of 2024-06-30, the second largest holder is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with 17.24 million shares valued at $847.84 million to account for 4.8852 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 16.23 million shares representing 4.6007% and valued at over $798.62 million, while CAPITAL WORLD INVESTORS holds 3.8861 of the shares totaling 13.71 million with a market value of $674.59 million.
Cameco Corp. (CCJ) Insider Activity
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