Cameco Corp (NYSE: CCJ) is 6.65% higher on its value in year-to-date trading and has touched a low of $35.43 and a high of $62.55 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 $53.12 in the last trading session, with the day’s gains setting it 1.69%.
Currently trading at $54.81, the stock is 1.35% and -0.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.87 million and changing 3.18% at the moment leaves the stock 10.88% off its SMA200. CCJ registered 28.54% gain for a year compared to 6-month gain of 12.48%. The firm has a 50-day simple moving average (SMA 50) of $54.9608 and a 200-day simple moving average (SMA200) of $49.36985.
The stock witnessed a -8.05% loss in the last 1 month and extending the period to 3 months gives it a 5.73%, and is 4.42% up 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 2.90% over the week and 3.40% over the month.
Cameco Corp (CCJ) has around 2638 employees, a market worth around $23.85B and $2.05B in sales. Current P/E ratio is 279.22 and Fwd P/E is 46.89. Profit margin for the company is 4.15%. Distance from 52-week low is 54.70% and -12.37% from its 52-week high. The company has generated returns on investments over the last 12 months (1.54%).
with sales reaching $1.09B over the same period.The EPS is expected to shrink by -25.54% this year, but quarterly earnings will post 16.18% year-over-year. Quarterly sales are estimated to grow 28.97% in year-over-year returns.
Cameco Corp (CCJ) Top Institutional Holders
1046.0 institutions hold shares in Cameco Corp (CCJ), with institutional investors hold 74.52% of the company’s shares. The shares outstanding are 435.18M, and float is at 433.32M with Short Float at 3.87%. Institutions hold 74.41% 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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Still, SEC filings show that on Nov 19 ’24, Reilly Brian A. (Officer) Proposed Sale 14,062 shares at an average price of $57.46 for $0.81 million. The insider now directly holds shares of Cameco Corp (CCJ).
