The stock of Cameco Corp. (CCJ) has gone up by 3.70% for the week, with a 18.75% rise in the past month and a 25.28% rise in the past quarter. The volatility ratio for the week is 2.68%, and the volatility levels for the past 30 days are 3.64% for CCJ.. The simple moving average for the past 20 days is 10.09% for CCJ’s stock, with a 41.20% simple moving average for the past 200 days.
Is It Worth Investing in Cameco Corp. (NYSE: CCJ) Right Now?
Cameco Corp. (NYSE: CCJ) has a price-to-earnings ratio that is above its average at 100.04x. and a 36-month beta value of 0.94. Opinions on the stock are mixed, with 12 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The average price predicted for Cameco Corp. (CCJ) by analysts is $49.79, which is $4.44 above the current market price. The public float for CCJ is 431.36M, and at present, short sellers hold a 5.37% of that float. On November 21, 2023, the average trading volume of CCJ was 5.17M shares.
CCJ) stock’s latest price update
The stock price of Cameco Corp. (NYSE: CCJ) has jumped by 1.68 compared to previous close of 44.60. Despite this, the company has seen a gain of 3.70% in its stock price over the last five trading days. InvestorPlace reported 2023-11-16 that Even if you don’t have any intention of trading in the derivatives market, you’ll still want to consider top stocks for options trading. How come? Options provide leverage, typically in the form of 100 shares of the underlying security or asset per every one contract.
CCJ Trading at 14.61% 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 able to rebound, for now settling with 0.80% of gains for the given period.
Volatility was left at 3.64%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares surge +18.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.97% upper at present.
During the last 5 trading sessions, CCJ rose by +3.70%, which changed the moving average for the period of 200-days by +63.36% in comparison to the 20-day moving average, which settled at $41.55. In addition, Cameco Corp. saw 100.04% 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 Corp. 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 4.88, with 3.32 for asset returns.
Based on Cameco Corp. (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 11.13, 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.
To sum up, Cameco Corp. (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.