The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $3.27 in the prior trading day, enCore Energy Corp (NASDAQ: EU) closed at $3.23, down -1.22%. In other words, the price has decreased by -$1.22 from its previous closing price. On the day, 1.23 million shares were traded. EU stock price reached its highest trading level at $3.31 during the session, while it also had its lowest trading level at $3.18.
Ratios:
Our goal is to gain a better understanding of EU by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 3.85. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on May 06, 2024, initiated with a Buy rating and assigned the stock a target price of $7.50.
On February 02, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $6.B. Riley Securities initiated its Buy rating on February 02, 2024, with a $6 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when SHERIFF WILLIAM M sold 24,000 shares for $3.55 per share. The transaction valued at 85,094 led to the insider holds 2,144,055 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EU now has a Market Capitalization of 598667584 and an Enterprise Value of 637205312. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.31 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 17.842 whereas that against EBITDA is -19.29.
Stock Price History:
The Beta on a monthly basis for EU is 1.34, which has changed by -0.29934925 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, EU has reached a high of $5.05, while it has fallen to a 52-week low of $3.02. The 50-Day Moving Average of the stock is -7.99%, while the 200-Day Moving Average is calculated to be -17.13%.
Shares Statistics:
The stock has traded on average 1.34M shares per day over the past 3-months and 1402590 shares per day over the last 10 days, according to various share statistics. A total of 185.35M shares are outstanding, with a floating share count of 178.85M. Insiders hold about 3.50% of the company’s shares, while institutions hold 48.89% stake in the company. Shares short for EU as of 1730332800 were 7802833 with a Short Ratio of 5.83, compared to 1727654400 on 4565979.
