Cameco Corp (NYSE: CCJ) is -6.30% 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 $46.41 in the last trading session, with the day’s gains setting it 1.74%.
Currently trading at $48.15, the stock is 12.84% and 13.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.74 million and changing 3.75% at the moment leaves the stock 1.38% off its SMA200. CCJ registered -0.56% loss for a year compared to 6-month loss of -7.79%.
The stock witnessed a 27.28% gain in the last 1 month and extending the period to 3 months gives it a -4.31%, and is 6.01% 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 4.07% over the week and 4.99% over the month.
Cameco Corp (CCJ) has around 2884 employees, a market worth around $20.96B and $2.36B in sales. Current P/E ratio is 118.28 and Fwd P/E is 30.49. Profit margin for the company is 7.50%. Distance from 52-week low is 37.57% and -23.02% from its 52-week high. The company has generated returns on investments over the last 12 months (3.40%).
The EPS is expected to grow by 90.66% this year.
Cameco Corp (CCJ) Top Institutional Holders
The shares outstanding are 435.32M, and float is at 433.81M with Short Float at 4.15%.
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).
