enCore Energy Corp (NASDAQ: EU) is -17.89% 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 $2.87 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $2.80, the stock is -12.42% and -15.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing -2.44% at the moment leaves the stock -26.64% off its SMA200. EU registered -37.22% loss for a year compared to 6-month gain of -12.50%. The firm has a 50-day simple moving average (SMA 50) of $3.3328 and a 200-day simple moving average (SMA200) of $3.8167.
The stock witnessed a -17.16% loss in the last 1 month and extending the period to 3 months gives it a -24.32%, and is -4.11% 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 4.25% over the week and 5.25% over the month.
enCore Energy Corp (EU) has around 200 employees, a market worth around $518.95M and $44.97M in sales. Fwd P/E is 32.50. Profit margin for the company is -102.99%. Distance from 52-week low is -0.71% and -44.55% 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.The EPS is expected to shrink by -22.53% this year, but quarterly earnings will post 0.00% year-over-year.
enCore Energy Corp (EU) Top Institutional Holders
179.0 institutions hold shares in enCore Energy Corp (EU), with institutional investors hold 52.94% of the company’s shares. The shares outstanding are 185.35M, and float is at 179.53M with Short Float at 5.17%. Institutions hold 48.26% of the Float.
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 STATE STREET CORP which holds 2.98 million shares representing 1.6708% and valued at over $11.74 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.2213 of the shares totaling 2.18 million with a market value of $8.58 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.
