Cameco Corp (NYSE: CCJ) is -18.33% 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 $40.18 in the last trading session, with the day’s gains setting it 1.79%.
Currently trading at $41.97, the stock is 3.42% and -1.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.55 million and changing 4.45% at the moment leaves the stock -12.04% off its SMA200. CCJ registered -12.74% loss for a year compared to 6-month loss of -27.66%. The firm has a 50-day simple moving average (SMA 50) of $42.9756 and a 200-day simple moving average (SMA200) of $47.7561.
The stock witnessed a -8.24% gain in the last 1 month and extending the period to 3 months gives it a -25.48%, and is 2.84% 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 3.51% over the week and 5.22% over the month.
Cameco Corp (CCJ) has around 2884 employees, a market worth around $18.27B and $2.28B in sales. Current P/E ratio is 148.09 and Fwd P/E is 26.97. Profit margin for the company is 5.41%. Distance from 52-week low is 19.91% and -32.90% from its 52-week high. The company has generated returns on investments over the last 12 months (2.41%).
with sales reaching $827.09M over the same period.The EPS is expected to grow by 87.96% this year, but quarterly earnings will post 7.69% year-over-year. Quarterly sales are estimated to grow 30.46% in year-over-year returns.
1098.0 institutions hold shares in Cameco Corp (CCJ), with institutional investors hold 73.90% 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 73.80% 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 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with 17.24 million shares valued at $847.84 million to account for 3.8291 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 16.23 million shares representing 3.6061 and valued at over $798.62 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
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).
