Energy Fuels Target of Unusually Large Options Trading (NYSE:UUUU)

Energy Fuels Inc. (NYSE:UUUU) saw unusually large options trading on Monday. Stock traders bought 39,181 call options on the company. This is an increase of approximately 716% compared to the typical daily volume of 4,800 call options.

Energy Fuels Price Performance

NYSE:UUUU traded up $0.54 during midday trading on Monday, reaching $7.18. 6,188,368 shares of the company traded hands, compared to its average volume of 3,136,441. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of -33.18 and a beta of 1.60. The company has a fifty day moving average price of $5.78 and a 200 day moving average price of $5.72. Energy Fuels has a twelve month low of $4.19 and a twelve month high of $8.68.

Energy Fuels (NYSE:UUUU) last issued its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The company had revenue of $4.05 million for the quarter, compared to the consensus estimate of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. On average, equities research analysts forecast that Energy Fuels will post -0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on UUUU shares. Roth Mkm lowered their price target on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Monday, November 4th. HC Wainwright increased their target price on shares of Energy Fuels from $10.75 to $11.00 and gave the stock a “buy” rating in a report on Monday, November 4th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its stake in Energy Fuels by 14.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock worth $12,731,000 after buying an additional 285,680 shares during the last quarter. Barclays PLC grew its stake in Energy Fuels by 126.6% during the 3rd quarter. Barclays PLC now owns 412,137 shares of the company’s stock worth $2,262,000 after buying an additional 230,259 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in Energy Fuels by 11.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 46,500 shares of the company’s stock worth $256,000 after buying an additional 4,900 shares during the last quarter. Zacks Investment Management boosted its position in Energy Fuels by 7.6% during the 3rd quarter. Zacks Investment Management now owns 397,001 shares of the company’s stock worth $2,180,000 after acquiring an additional 27,890 shares during the period. Finally, National Bank of Canada FI boosted its position in Energy Fuels by 611.7% during the 3rd quarter. National Bank of Canada FI now owns 71,759 shares of the company’s stock worth $394,000 after acquiring an additional 61,676 shares during the period. 48.24% of the stock is currently owned by institutional investors.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.