enCore Energy Corp (NASDAQ: EU) is -54.55% lower on its value in year-to-date trading and has touched a low of $1.01 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 $1.51 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.55, the stock is 13.30% and -3.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing 2.65% at the moment leaves the stock -50.04% off its SMA200. EU registered -66.30% loss for a year compared to 6-month loss of -61.25%. The firm has a 50-day simple moving average (SMA 50) of $1.5998 and a 200-day simple moving average (SMA200) of $3.1024.
The stock witnessed a 16.54% gain in the last 1 month and extending the period to 3 months gives it a -54.81%, and is -3.73% down 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 6.62% over the week and 10.34% over the month.
enCore Energy Corp (EU) has around 131 employees, a market worth around $289.37M and $58.33M in sales. Fwd P/E is 23.78. Profit margin for the company is -80.09%. Distance from 52-week low is 53.47% and -69.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.34%).
The EPS is expected to grow by 68.04% this year
179.0 institutions hold shares in enCore Energy Corp (EU), with institutional investors hold 52.48% of the company’s shares. The shares outstanding are 186.11M, and float is at 180.33M with Short Float at 8.38%. Institutions hold 51.33% 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 BLACKROCK INC. with 10.36 million shares valued at $40.8 million to account for 5.8064 of the shares outstanding. The other top investors are AZARIAS CAPITAL MANAGEMENT, L.P. which holds 4.81 million shares representing 2.6996 and valued at over $20.59 million, while CITADEL ADVISORS LLC holds 1.7048 of the shares totaling 3.04 million with a market value of $11.98 million.
enCore Energy Corp (EU) Insider Activity
The most recent transaction is an insider purchase by SHERIFF WILLIAM M, the company’s Executive Chairman. SEC filings show that SHERIFF WILLIAM M bought 40,000 shares of the company’s common stock on Apr 03 ’25 at a price of $1.21 per share for a total of $48400.0. Following the purchase, the insider now owns 2.31 million shares.
enCore Energy Corp disclosed in a document filed with the SEC on Apr 03 ’25 that SHERIFF WILLIAM M (Executive Chairman) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Apr 03 ’25 and was made at $1.21 per share for $12100.0. Following the transaction, the insider now directly holds 47876.0 shares of the EU stock.
Still, SEC filings show that on Mar 24 ’25, SHERIFF WILLIAM M (Executive Chairman) acquired 35,000 shares at an average price of $1.66 for $57936.0. The insider now directly holds 2,270,055 shares of enCore Energy Corp (EU).