Cameco Corp (NYSE: CCJ) is -0.23% 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 $51.59 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $51.27, the stock is 8.90% and 16.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.55 million and changing -0.62% at the moment leaves the stock 7.48% off its SMA200. CCJ registered 2.58% gain for a year compared to 6-month loss of -5.77%.
The stock witnessed a 24.20% gain in the last 1 month and extending the period to 3 months gives it a 8.65%, and is 1.06% 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 3.02% over the week and 3.55% over the month.
Cameco Corp (CCJ) has around 2884 employees, a market worth around $22.32B and $2.36B in sales. Current P/E ratio is 125.94 and Fwd P/E is 32.44. Profit margin for the company is 7.50%. Distance from 52-week low is 46.49% and -18.03% 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 90.56% this year.
Cameco Corp (CCJ) Top Institutional Holders
The shares outstanding are 435.32M, and float is at 433.80M with Short Float at 3.78%.
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).
