Stocks of Cameco Corp (NYSE:CCJ) traded higher last session on Wall Street, up 2.29% to $48.60.
CCJ stock price is now -10.86% away from the 50-day moving average and -2.44% away from the 200-day moving average. The market capitalization of the company currently stands at $21.15B.
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On April 01, 2024, Goldman recently initiated its ‘Buy’ rating on the stock quoting a target price of $55, while ‘Cantor Fitzgerald’ rates the stock as ‘Neutral’
In other news, Gitzel Timothy S., Officer bought 50,000 shares of the company’s stock on Dec 05 ’24. The stock was bought for $3,057,000 at an average price of $61.14. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21 ’24, Officer Quinn Sean A. bought 13,400 shares of the business’s stock. A total of $816,462 was incurred on buying the stock at an average price of $60.93. A total of 0.43% of the company’s stock is owned by insiders.
During the past 12 months, Cameco Corp has had a low of $35.43 and a high of $62.55. As of last week, the company has a debt-to-equity ratio of 0.21, a current ratio of 2.88, and a quick ratio of 1.26. The fifty day moving average price for CCJ is $54.5196 and a two-hundred day moving average price translates $49.8146 for the stock.
The latest earnings results from Cameco Corp (NYSE: CCJ) was released for 2024-09-30. The net profit margin was 4.15% and return on equity was 1.87% for CCJ. The company reported revenue of $528.2 million for the quarter, compared to $428.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.24 percent.
