Cameco Corp (NYSE: CCJ) is -20.53% lower on its value in year-to-date trading and has touched a low of $35.00 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 $38.68 in the last trading session, with the day’s gains setting it 2.16%.
Currently trading at $40.84, the stock is -2.24% and -7.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.77 million and changing 5.58% at the moment leaves the stock -14.99% off its SMA200. CCJ registered -16.92% loss for a year compared to 6-month loss of -19.26%. The firm has a 50-day simple moving average (SMA 50) of $44.012 and a 200-day simple moving average (SMA200) of $48.04405.
The stock witnessed a -2.32% gain in the last 1 month and extending the period to 3 months gives it a -17.06%, and is 7.96% 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 9.41% over the week and 5.00% over the month.
Cameco Corp (CCJ) has around 2884 employees, a market worth around $17.78B and $2.28B in sales. Current P/E ratio is 144.11 and Fwd P/E is 25.99. Profit margin for the company is 5.41%. Distance from 52-week low is 16.69% and -34.71% from its 52-week high. The company has generated returns on investments over the last 12 months (2.41%).
The EPS is expected to grow by 87.82% this year.
Cameco Corp (CCJ) Top Institutional Holders
1107.0 institutions hold shares in Cameco Corp (CCJ), with institutional investors hold 73.86% of the company’s shares. The shares outstanding are 435.31M, and float is at 433.74M with Short Float at 4.21%. Institutions hold 73.75% 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).
