Cameco Corp (NYSE: CCJ) is -11.81% 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 $43.99 in the last trading session, with the day’s gains setting it 1.33%.
Currently trading at $45.32, the stock is 10.93% and 6.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.18 million and changing 3.02% at the moment leaves the stock -4.84% off its SMA200. CCJ registered -7.05% loss for a year compared to 6-month loss of -16.20%. The firm has a 50-day simple moving average (SMA 50) of $42.5006 and a 200-day simple moving average (SMA200) of $47.6251.
The stock witnessed a 6.31% gain in the last 1 month and extending the period to 3 months gives it a -4.61%, and is 14.42% 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 3.17% over the week and 5.22% over the month.
Cameco Corp (CCJ) has around 2884 employees, a market worth around $19.73B and $2.28B in sales. Current P/E ratio is 159.92 and Fwd P/E is 29.02. Profit margin for the company is 5.41%. Distance from 52-week low is 29.49% and -27.55% from its 52-week high. The company has generated returns on investments over the last 12 months (2.41%).
with sales reaching $806.82M over the same period.The EPS is expected to grow by 88.16% this year, but quarterly earnings will post 7.92% year-over-year. Quarterly sales are estimated to grow 27.26% in year-over-year returns.
Cameco Corp (CCJ) Top Institutional Holders
1097.0 institutions hold shares in Cameco Corp (CCJ), with institutional investors hold 73.88% of the company’s shares. The shares outstanding are 435.31M, and float is at 433.74M with Short Float at 4.15%. Institutions hold 73.78% 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
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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).
