Energy Fuels (NYSEAMERICAN:UUUU) Shares Gap Up – What’s Next?

Energy Fuels Inc. (NYSEAMERICAN:UUUU) shares gapped up prior to trading on Thursday . The stock had previously closed at $4.13, but opened at $4.22. Energy Fuels shares last traded at $4.12, with a volume of 1,043,852 shares changing hands.

Analysts Set New Price Targets

A number of research firms have commented on UUUU. Roth Capital set a $5.75 target price on Energy Fuels in a research report on Friday, February 28th. HC Wainwright dropped their price target on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research report on Friday, February 28th. Finally, Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective on the stock in a report on Friday, February 28th.

Energy Fuels Stock Performance

The stock has a market capitalization of $824.56 million, a PE ratio of -18.86 and a beta of 1.68. The firm’s 50 day moving average is $4.99 and its two-hundred day moving average is $5.52.

Insider Activity

In other Energy Fuels news, Director Barbara Appelin Filas sold 10,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $4.15, for a total value of $41,500.00. Following the transaction, the director now directly owns 160,159 shares in the company, valued at $664,659.85. This represents a 5.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Bruce D. Hansen purchased 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The shares were bought at an average price of $4.25 per share, for a total transaction of $25,500.00. Following the completion of the purchase, the director now directly owns 295,239 shares in the company, valued at $1,254,765.75. This represents a 2.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 32,350 shares of company stock worth $146,535. Corporate insiders own 1.92% of the company’s stock.

Hedge Funds Weigh In On Energy Fuels

Several hedge funds have recently made changes to their positions in UUUU. AlphaMark Advisors LLC acquired a new stake in shares of Energy Fuels in the 4th quarter valued at about $25,000. Sterling Capital Management LLC lifted its stake in Energy Fuels by 793.4% in the fourth quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock valued at $30,000 after buying an additional 5,260 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Energy Fuels by 65.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock valued at $32,000 after buying an additional 2,442 shares during the last quarter. Lionstone Capital Management LLC acquired a new stake in shares of Energy Fuels in the fourth quarter valued at approximately $35,000. Finally, Signaturefd LLC grew its position in shares of Energy Fuels by 48.5% during the fourth quarter. Signaturefd LLC now owns 8,870 shares of the company’s stock worth $46,000 after acquiring an additional 2,898 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

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.