Yellow Cake (LON:YCA) Sets New 52-Week Low – What’s Next?

Shares of Yellow Cake plc (LON:YCA) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 425 ($5.48) and last traded at GBX 425.20 ($5.48), with a volume of 1074426 shares traded. The stock had previously closed at GBX 440.20 ($5.67).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 712 ($9.18) target price on shares of Yellow Cake in a research report on Tuesday, January 28th.

Yellow Cake Stock Up 0.6 %

The business’s fifty day moving average is GBX 485.18 and its two-hundred day moving average is GBX 522.37. The stock has a market capitalization of £919.50 million, a PE ratio of 1.59 and a beta of 0.27.

Yellow Cake Company Profile

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.