Energy Fuels (TSE:EFR) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$29.01 and traded as low as C$24.00. Energy Fuels shares last traded at C$24.42, with a volume of 656,831 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on EFR shares. Roth Mkm raised shares of Energy Fuels from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. The Goldman Sachs Group upgraded shares of Energy Fuels to a “strong-buy” rating in a research report on Tuesday, February 10th. Three investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.

Energy Fuels Stock Performance

The company has a market cap of C$5.90 billion, a price-to-earnings ratio of -64.26 and a beta of 0.98. The company has a debt-to-equity ratio of 99.60, a quick ratio of 19.23 and a current ratio of 30.69. The company has a fifty day moving average of C$29.01 and a two-hundred day moving average of C$25.28.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its earnings results on Friday, February 27th. The company reported C($0.12) EPS for the quarter. Energy Fuels had a negative net margin of 129.90% and a negative return on equity of 13.16%. The firm had revenue of C$36.43 million during the quarter. Equities research analysts anticipate that Energy Fuels Inc. will post 0.19 EPS for the current year.

Energy Fuels Company Profile

Energy Fuels is a leading U.S. -based critical materials company, focused on uranium, rare earth elements (REEs), heavy mineral sands, vanadium and medical isotopes. Energy Fuels, which owns and operates several conventional and in-situ recovery uranium projects in the western United States, has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States.