Cameco Corp (NYSE: CCJ) is -13.35% 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 $44.85 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $44.53, the stock is 3.76% and -5.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.99 million and changing -0.71% at the moment leaves the stock -8.93% off its SMA200. CCJ registered 8.19% gain for a year compared to 6-month gain of 11.02%. The firm has a 50-day simple moving average (SMA 50) of $47.072 and a 200-day simple moving average (SMA200) of $48.8985.
The stock witnessed a -4.32% loss in the last 1 month and extending the period to 3 months gives it a -16.64%, and is 4.85% 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 2.93% over the week and 4.42% over the month.
Cameco Corp (CCJ) has around 2638 employees, a market worth around $19.38B and $2.28B in sales. Current P/E ratio is 157.13 and Fwd P/E is 28.12. Profit margin for the company is 5.41%. Distance from 52-week low is 25.68% and -28.81% 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 88.38% 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
1121.0 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 73.93% 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).
