Shakespeare Wealth Management LLC Purchases Shares of 15,105 enCore Energy Corp. (NASDAQ:EU)

Shakespeare Wealth Management LLC acquired a new position in enCore Energy Corp. (NASDAQ:EU) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,105 shares of the company’s stock, valued at approximately $52,000.

A number of other hedge funds have also recently made changes to their positions in EU. Savant Capital LLC acquired a new stake in shares of enCore Energy during the fourth quarter worth about $36,000. Raymond James Financial Inc. acquired a new stake in enCore Energy during the 4th quarter worth approximately $38,000. LPL Financial LLC purchased a new position in enCore Energy in the 4th quarter valued at approximately $56,000. Cibc World Markets Corp acquired a new position in shares of enCore Energy in the fourth quarter worth $58,000. Finally, Franklin Resources Inc. purchased a new stake in shares of enCore Energy during the third quarter worth $60,000. Hedge funds and other institutional investors own 20.86% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright decreased their target price on enCore Energy from $7.00 to $2.75 and set a “buy” rating for the company in a report on Tuesday, March 18th.

Insider Buying and Selling at enCore Energy

In other news, Chairman William M. Sheriff sold 24,000 shares of enCore Energy stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.20, for a total transaction of $76,800.00. Following the sale, the chairman now owns 2,120,055 shares in the company, valued at approximately $6,784,176. The trade was a 1.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

enCore Energy Trading Down 1.7 %

enCore Energy stock opened at $1.16 on Monday. The stock has a market cap of $216.21 million, a P/E ratio of -4.14 and a beta of 1.27. The company has a fifty day simple moving average of $2.19 and a 200-day simple moving average of $3.19. enCore Energy Corp. has a 12-month low of $1.01 and a 12-month high of $5.05.

enCore Energy (NASDAQ:EU) last released its quarterly earnings data on Monday, March 3rd. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.07). The firm had revenue of $13.36 million during the quarter, compared to analyst estimates of $14.30 million. As a group, sell-side analysts forecast that enCore Energy Corp. will post -0.2 earnings per share for the current fiscal year.

enCore Energy Company Profile

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.