Cameco Corp (NYSE: CCJ) is -5.43% lower 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 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 $47.51 in the last trading session, with the day’s gains setting it 1.09%.
Currently trading at $48.60, the stock is -6.09% and -10.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.24 million and changing 2.29% at the moment leaves the stock -2.44% off its SMA200. CCJ registered 5.70% gain for a year compared to 6-month gain of 7.55%. The firm has a 50-day simple moving average (SMA 50) of $54.5196 and a 200-day simple moving average (SMA200) of $49.8146.
The stock witnessed a -7.64% loss in the last 1 month and extending the period to 3 months gives it a -9.75%, and is -9.26% 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 5.75% over the week and 4.14% over the month.
Cameco Corp (CCJ) has around 2638 employees, a market worth around $21.15B and $2.05B in sales. Current P/E ratio is 247.58 and Fwd P/E is 41.71. Profit margin for the company is 4.15%. Distance from 52-week low is 37.17% and -22.30% from its 52-week high. The company has generated returns on investments over the last 12 months (1.54%).
The EPS is expected to shrink by -25.56% this year.
Cameco Corp (CCJ) Top Institutional Holders
1054.0 institutions hold shares in Cameco Corp (CCJ), with institutional investors hold 74.05% of the company’s shares. The shares outstanding are 435.18M, and float is at 433.32M with Short Float at 3.56%. Institutions hold 73.93% 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).
