The stock of Cameco Corporation (CCJ) has seen a 4.70% increase in the past week, with a 10.93% gain in the past month, and a 4.39% flourish in the past quarter. The volatility ratio for the week is 3.39%, and the volatility levels for the past 30 days are at 3.31% for CCJ. The simple moving average for the last 20 days is 3.70% for CCJ stock, with a simple moving average of 10.34% for the last 200 days.
Is It Worth Investing in Cameco Corporation (NYSE: CCJ) Right Now?
Cameco Corporation (NYSE: CCJ) has a price-to-earnings ratio that is above its average at 96.00x. and a 36-month beta value of 0.95.
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The public float for CCJ is 432.02M, and at present, short sellers hold a 3.64% of that float. On May 24, 2023, the average trading volume of CCJ was 3.76M shares.
CCJ) stock’s latest price update
Cameco Corporation (NYSE: CCJ) has seen a rise in its stock price by 1.32 in relation to its previous close of 27.95. However, the company has experienced a 4.70% gain in its stock price over the last five trading sessions. Barron’s reported on 10/12/22 that Cameco Tumbles After Buying Stake in Westinghouse Electric
CCJ Trading at 8.33% from the 50-Day Moving Average
After a stumble in the market that brought CCJ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.49% of loss for the given period.
Volatility was left at 3.31%, however, over the last 30 days, the volatility rate increased by 3.39%, as shares surge +8.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.63% upper at present.
During the last 5 trading sessions, CCJ rose by +4.70%, which changed the moving average for the period of 200-days by +9.90% in comparison to the 20-day moving average, which settled at $27.42. In addition, Cameco Corporation saw 24.92% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CCJ
Current profitability levels for the company are sitting at:
- -0.62 for the present operating margin
- +9.16 for the gross margin
The net margin for Cameco Corporation stands at +4.78. The total capital return value is set at -0.18, while invested capital returns managed to touch 1.41. Equity return is now at value 3.10, with 2.10 for asset returns.
Based on Cameco Corporation (CCJ), the company’s capital structure generated 17.24 points at debt to equity in total, while total debt to capital is 14.71. Total debt to assets is 11.66, with long-term debt to equity ratio resting at 17.20. Finally, the long-term debt to capital ratio is 14.67.
When we switch over and look at the enterprise to sales, we see a ratio of 6.70, with the company’s debt to enterprise value settled at 0.09. The receivables turnover for the company is 8.02 and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.92.
Conclusion
To sum up, Cameco Corporation (CCJ) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
