Market Update: Cameco Corp. (CCJ) Sees Positive Movement, Closing at 47.59

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In the latest session, Cameco Corp. (NYSE: CCJ) closed at $47.59 up 1.75% from its previous closing price of $46.77. In other words, the price has increased by $1.75 from its previous closing price. On the day, 4.52 million shares were traded. CCJ stock price reached its highest trading level at $48.09 during the session, while it also had its lowest trading level at $46.57.

Ratios:

For a deeper understanding of Cameco Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 78.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 3.22. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.23.

On April 01, 2024, Goldman started tracking the stock assigning a Buy rating and 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 20802066432 and an Enterprise Value of 21921214464. As of this moment, Cameco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 108.78, and their Forward P/E ratio for the next fiscal year is 36.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.59 while its Price-to-Book (P/B) ratio in mrq is 4.57. Its current Enterprise Value per Revenue stands at 8.27 whereas that against EBITDA is 37.243.

Stock Price History:

Over the past 52 weeks, CCJ has reached a high of $56.24, while it has fallen to a 52-week low of $35.18. The 50-Day Moving Average of the stock is 13.97%, while the 200-Day Moving Average is calculated to be 3.72%.

Shares Statistics:

For the past three months, CCJ has traded an average of 3.98M shares per day and 4403000 over the past ten days. A total of 434.18M shares are outstanding, with a floating share count of 433.53M. Insiders hold about 0.38% of the company’s shares, while institutions hold 77.42% stake in the company. Shares short for CCJ as of 1724976000 were 15474433 with a Short Ratio of 4.43, compared to 1722384000 on 16227636.

Dividends & Splits

According to the company, the forward annual dividend rate for CCJ is 0.09, from 0.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0025657471The stock’s 5-year Average Dividend Yield is 0.37.

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