Cameco Corp (NYSE: CCJ) is -6.75% 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 $47.19 in the last trading session, with the day’s gains setting it 0.73%.
Currently trading at $47.92, the stock is -5.06% and -8.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.68 million and changing 1.55% at the moment leaves the stock -3.91% off its SMA200. CCJ registered 13.42% gain for a year compared to 6-month gain of 17.51%.
The stock witnessed a -3.21% loss in the last 1 month and extending the period to 3 months gives it a -9.55%, and is -4.85% 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 3.83% over the week and 4.44% over the month.
Cameco Corp (CCJ) has around 2638 employees, a market worth around $20.85B and $2.05B in sales. Current P/E ratio is 244.12 and Fwd P/E is 42.76. Profit margin for the company is 4.15%. Distance from 52-week low is 35.25% and -23.39% 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 -26.31% this year, but quarterly earnings will post 16.15% year-over-year. Quarterly sales are estimated to grow 28.61% in year-over-year returns.
Cameco Corp (CCJ) Top Institutional Holders
The shares outstanding are 435.18M, and float is at 433.49M with Short Float at 3.98%.
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 8.3801% of the CCJ Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 16.23 million shares valued at $798.62 million to account for 4.6007 of the shares outstanding. The other top investors are MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. which holds 17.24 million shares representing 3.8291% and valued at over $847.84 million, while CAPITAL WORLD INVESTORS holds 3.046 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).
