enCore Energy Corp (NASDAQ: EU) is -14.96% lower on its value in year-to-date trading and has touched a low of $2.82 and a high of $5.05 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 EU stock was last observed hovering at around $2.91 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $2.90, the stock is -10.67% and -13.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing -0.34% at the moment leaves the stock -24.35% off its SMA200. EU registered -39.20% loss for a year compared to 6-month gain of -11.04%. The firm has a 50-day simple moving average (SMA 50) of $3.386 and a 200-day simple moving average (SMA200) of $3.8411.
The stock witnessed a -12.91% loss in the last 1 month and extending the period to 3 months gives it a -23.48%, and is -7.64% 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 4.52% over the week and 5.24% over the month.
enCore Energy Corp (EU) has around 200 employees, a market worth around $537.49M and $44.97M in sales. Profit margin for the company is -102.99%. Distance from 52-week low is 2.83% and -42.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.50%).
with sales reaching $19.75M over the same period., but quarterly earnings will post 0.00% year-over-year.
The shares outstanding are 185.35M, and float is at 178.86M with Short Float at 4.36%.
The top institutional shareholder in the company is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with over 12.17 million shares valued at $47.75 million. The investor’s holdings represent 6.8209 of the EU Shares outstanding. As of 2024-06-30, the second largest holder is AZARIAS CAPITAL MANAGEMENT, L.P. with 4.81 million shares valued at $20.59 million to account for 2.6996 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 2.18 million shares representing 1.2213 and valued at over $8.58 million, while VIDENT ADVISORY, LLC holds 1.0332 of the shares totaling 1.84 million with a market value of $7.23 million.
enCore Energy Corp (EU) Insider Activity
The most recent transaction is an insider sale by SHERIFF WILLIAM M, the company’s Executive Chairman. SEC filings show that SHERIFF WILLIAM M sold 24,000 shares of the company’s common stock on Feb 03 ’25 at a price of $3.20 per share for a total of $76848.0. Following the sale, the insider now owns 2.12 million shares.
enCore Energy Corp disclosed in a document filed with the SEC on Jan 02 ’25 that SHERIFF WILLIAM M (Director) sold a total of 24,000 shares of the company’s common stock. The trade occurred on Jan 02 ’25 and was made at $3.55 per share for $85094.0. Following the transaction, the insider now directly holds 2.14 million shares of the EU stock.
