Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $4.41 in the prior trading day, enCore Energy Corp (NASDAQ: EU) closed at $4.75, up 7.71%. In other words, the price has increased by $7.71 from its previous closing price. On the day, 1.95 million shares were traded. EU stock price reached its highest trading level at $4.99 during the session, while it also had its lowest trading level at $4.66.
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 4.03 and its Current Ratio is at 4.04. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
On February 02, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $6.
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 861379264 and an Enterprise Value of 856711488.
Stock Price History:
The Beta on a monthly basis for EU is 1.39, which has changed by 1.2511849 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, EU has reached a high of $4.98, while it has fallen to a 52-week low of $1.93. The 50-Day Moving Average of the stock is 12.77%, while the 200-Day Moving Average is calculated to be 31.74%.
Shares Statistics:
The stock has traded on average 1.21M shares per day over the past 3-months and 877630 shares per day over the last 10 days, according to various share statistics. A total of 181.34M shares are outstanding, with a floating share count of 177.72M. Insiders hold about 2.00% of the company’s shares, while institutions hold 42.29% stake in the company. Shares short for EU as of 1713139200 were 4451591 with a Short Ratio of 3.67, compared to 1710460800 on 4085817.
Earnings Estimates
On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $9.1M in the next fiscal year. The high estimate is $9.1M and the low estimate is $9.1M.
