enCore Energy Corp (NASDAQ: EU) is -51.91% lower on its value in year-to-date trading and has touched a low of $1.26 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 $1.55 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $1.64, the stock is -13.68% and -39.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 5.81% at the moment leaves the stock -53.35% off its SMA200. EU registered -59.71% loss for a year compared to 6-month loss of -55.43%. The firm has a 50-day simple moving average (SMA 50) of $2.6976 and a 200-day simple moving average (SMA200) of $3.51585.
The stock witnessed a -41.64% gain in the last 1 month and extending the period to 3 months gives it a -49.07%, and is 16.31% 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 8.28% over the week and 13.10% over the month.
enCore Energy Corp (EU) has around 131 employees, a market worth around $305.47M and $58.33M in sales. Fwd P/E is 19.24. Profit margin for the company is -80.09%. Distance from 52-week low is 30.16% and -67.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.34%).
with sales reaching $17.16M over the same period.The EPS is expected to grow by 70.59% this year, but quarterly earnings will post 0.12% year-over-year.
179.0 institutions hold shares in enCore Energy Corp (EU), with institutional investors hold 49.80% of the company’s shares. The shares outstanding are 186.11M, and float is at 180.40M with Short Float at 5.65%. Institutions hold 48.72% 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 CITADEL ADVISORS LLC which holds 3.04 million shares representing 1.7048 and valued at over $$11.98 million, while STATE STREET CORP holds 1.6708 of the shares totaling 2.98 million with a market value of $$11.74 million.
enCore Energy Corp (EU) Insider Activity
The most recent transaction is an insider purchase by Stover Dennis, the company’s Director. SEC filings show that Stover Dennis bought 3,000 shares of the company’s common stock on Mar 07 ’25 at a price of $1.57 per share for a total of $4710.0. Following the purchase, the insider now owns 0.51 million shares.
enCore Energy Corp disclosed in a document filed with the SEC on Feb 03 ’25 that SHERIFF WILLIAM M (Executive Chairman) sold a total of 24,000 shares of the company’s common stock. The trade occurred on Feb 03 ’25 and was made at $3.20 per share for $76848.0. Following the transaction, the insider now directly holds 2.12 million shares of the EU stock.
Still, SEC filings show that on Jan 02 ’25, SHERIFF WILLIAM M (Director) disposed off 24,000 shares at an average price of $3.55 for $85094.0. The insider now directly holds 2,144,055 shares of enCore Energy Corp (EU).
