Insider’s View: Deciphering enCore Energy Corp (EU)’s Financial Health Through Ratios

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The price of enCore Energy Corp (NASDAQ: EU) closed at $3.77 in the last session, down -2.08% from day before closing price of $3.85. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 0.97 million shares were traded. EU stock price reached its highest trading level at $3.88 during the session, while it also had its lowest trading level at $3.68.

Ratios:

We take a closer look at EU’s different ratios to gain a better understanding of the stock. 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.

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 701008896 and an Enterprise Value of 637205312. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.30 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 17.842 whereas that against EBITDA is -19.29.

Stock Price History:

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 -4.65%, while the 200-Day Moving Average is calculated to be -6.94%.

Shares Statistics:

According to the various share statistics, EU traded on average about 1.29M shares per day over the past 3-months and 1351260 shares per day over the past 10 days. A total of 185.34M shares are outstanding, with a floating share count of 178.91M. Insiders hold about 3.46% of the company’s shares, while institutions hold 44.06% stake in the company. Shares short for EU as of 1730332800 were 7802833 with a Short Ratio of 3.54, compared to 1727654400 on 4565979.

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