In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, enCore Energy Corp’s stock clocked out at $3.67, up 2.23% from its previous closing price of $3.59. In other words, the price has increased by $2.23 from its previous closing price. On the day, 1.42 million shares were traded. EU stock price reached its highest trading level at $3.825 during the session, while it also had its lowest trading level at $3.62.
Ratios:
To gain a deeper understanding of EU’s stock, we examine 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.
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 680219840 and an Enterprise Value of 637205312. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.13 while its Price-to-Book (P/B) ratio in mrq is 1.98. 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 1.35, which has changed by -0.09798998 over the last 52 weeks, in comparison to a change of 0.24933672 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 1.19%, while the 200-Day Moving Average is calculated to be -7.51%.
Shares Statistics:
It appears that EU traded 1.31M shares on average per day over the past three months and 1687440 shares per day over the past ten days. A total of 185.35M shares are outstanding, with a floating share count of 178.95M. Insiders hold about 3.45% of the company’s shares, while institutions hold 48.80% stake in the company. Shares short for EU as of 1730332800 were 7802833 with a Short Ratio of 3.48, compared to 1727654400 on 4565979.
