Energy Fuels (TSE:EFR) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$26.02 and traded as low as C$18.50. Energy Fuels shares last traded at C$18.60, with a volume of 400,165 shares traded.

Energy Fuels Price Performance

The stock’s 50 day moving average price is C$23.10 and its 200-day moving average price is C$26.02. The company has a quick ratio of 19.23, a current ratio of 27.51 and a debt-to-equity ratio of 93.67. The stock has a market capitalization of C$4.65 billion, a PE ratio of -64.14 and a beta of 1.30.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C($0.06) EPS for the quarter. Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 82.70%.The company had revenue of C$49.83 million during the quarter. As a group, equities analysts forecast that Energy Fuels Inc. will post 0.19 EPS for the current year.

Insider Buying and Selling

In related news, insider Ross Randolph Bhappu bought 74,000 shares of Energy Fuels stock in a transaction dated Tuesday, July 7th. The shares were acquired at an average cost of C$17.94 per share, with a total value of C$1,327,560.00. Following the completion of the transaction, the insider owned 74,000 shares in the company, valued at C$1,327,560. The trade was a ∞ increase in their position. 2.03% of the stock is owned by corporate insiders.

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.