Cameco Corp (NYSE: CCJ) is -15.68% 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 $42.47 in the last trading session, with the day’s gains setting it 0.86%.
Currently trading at $43.33, the stock is 0.05% and -9.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.48 million and changing 2.02% at the moment leaves the stock -11.77% off its SMA200. CCJ registered 9.50% gain for a year compared to 6-month gain of 6.36%. The firm has a 50-day simple moving average (SMA 50) of $47.7722 and a 200-day simple moving average (SMA200) of $49.1088.
The stock witnessed a -11.72% loss in the last 1 month and extending the period to 3 months gives it a -25.05%, and is 6.62% 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 3.68% over the week and 4.77% over the month.
Cameco Corp (CCJ) has around 2638 employees, a market worth around $18.86B and $2.28B in sales. Current P/E ratio is 152.89 and Fwd P/E is 28.07. Profit margin for the company is 5.41%. Distance from 52-week low is 22.30% and -30.73% from its 52-week high. The company has generated returns on investments over the last 12 months (2.41%).
with sales reaching $890.07M over the same period.The EPS is expected to grow by 85.73% this year, but quarterly earnings will post 9.63% year-over-year. Quarterly sales are estimated to grow 40.39% in year-over-year returns.
Cameco Corp (CCJ) Top Institutional Holders
1119.0 institutions hold shares in Cameco Corp (CCJ), with institutional investors hold 74.04% of the company’s shares. The shares outstanding are 435.31M, and float is at 433.75M with Short Float at 4.48%. Institutions hold 73.92% 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 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).
