Cameco Corp. (CCJ)’s Market Momentum: Closing Strong at 50.73, Up 4.79

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Cameco Corp.’s stock clocked out at $50.73, up 4.79% from its previous closing price of $48.41. In other words, the price has increased by $4.79 from its previous closing price. On the day, 4.91 million shares were traded. CCJ stock price reached its highest trading level at $50.95 during the session, while it also had its lowest trading level at $48.71.

Ratios:

To gain a deeper understanding of CCJ’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 92.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 92.09. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.17.

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, Goldman on April 01, 2024, initiated with a Buy rating and assigned the stock a target price of $55.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCJ now has a Market Capitalization of 22048780288 and an Enterprise Value of 23434772480. As of this moment, Cameco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 126.64, and their Forward P/E ratio for the next fiscal year is 30.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.74 while its Price-to-Book (P/B) ratio in mrq is 4.88. Its current Enterprise Value per Revenue stands at 9.247 whereas that against EBITDA is 46.674.

Stock Price History:

Over the past 52 weeks, CCJ has reached a high of $52.64, while it has fallen to a 52-week low of $26.15. The 50-Day Moving Average of the stock is 12.71%, while the 200-Day Moving Average is calculated to be 21.15%.

Shares Statistics:

It appears that CCJ traded 4.81M shares on average per day over the past three months and 4231600 shares per day over the past ten days. A total of 434.18M shares are outstanding, with a floating share count of 432.96M. Insiders hold about 0.28% of the company’s shares, while institutions hold 75.78% stake in the company. Shares short for CCJ as of 1713139200 were 21371233 with a Short Ratio of 4.45, compared to 1710460800 on 21803216.

Dividends & Splits

With its trailing 12-month dividend rate of 0.12, CCJ has a forward annual dividend rate of 0.09. Against a Trailing Annual Dividend Yield of 0.0024788266The stock’s 5-year Average Dividend Yield is 0.4.

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