Cameco Corp [NYSE: CCJ] loss -1.91% on the last trading session, reaching $56.42 price per share at the time.
If compared to the average trading volume of 4.60M shares, CCJ reached a trading volume of 5815017 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Here is what top equities market gurus are saying about Cameco Corp [CCJ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CCJ shares is $60.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CCJ stock is a recommendation set at 1.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Cameco Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 31, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on April 01, 2024, representing the official price target for Cameco Corp stock.
The Average True Range (ATR) for Cameco Corp is set at 2.42, with the Price to Sales ratio for CCJ stock in the period of the last 12 months amounting to 11.95. The Price to Book ratio for the last quarter was 5.34, with the Price to Cash per share for the same quarter was set at 0.34. Price to Free Cash Flow for CCJ in the course of the last twelve months was 112.15 with Quick ratio for the last quarter at 1.26.
Trading performance analysis for CCJ stock
Cameco Corp [CCJ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.00. With this latest performance, CCJ shares gained by 7.38% in over the last four-week period, additionally plugging by 11.04% over the last 6 months – not to mention a rise of 25.13% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CCJ stock in for the last two-week period is set at 48.59, with the RSI for the last a single of trading hit 42.23, and the three-weeks RSI is set at 52.04 for Cameco Corp [CCJ]. The present Moving Average for the last 50 days of trading for this stock 54.80, while it was recorded at 59.15 for the last single week of trading, and 48.41 for the last 200 days.
Cameco Corp [CCJ]: A deeper dive into fundamental analysis
Cameco Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.26 and a Current Ratio set at 2.88.
Cameco Corp [CCJ]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CCJ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cameco Corp go to 65.00%.
An analysis of Institutional ownership at Cameco Corp [CCJ]
There are presently around $74.43%, or 74.55%% of CCJ stock, in the hands of institutional investors. The top three institutional holders of CCJ stocks are: FMR LLC with ownership of 37.72 million shares, which is approximately 10.6914%. MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., holding 17.24 million shares of the stock with an approximate value of $$847.84 million in CCJ stocks shares; and MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., currently with $$798.62 million in CCJ stock with ownership which is approximately 4.6007%.
