Centrus Energy Corp (LEU) Shares Soar Above 1-Year High

The stock of Centrus Energy Corp (AMEX: LEU) has increased by 18.53 when compared to last closing price of 61.30.Despite this, the company has seen a gain of 15.24% in its stock price over the last five trading days. zacks.com reported 2024-10-11 that LEU and INTA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 11, 2024.

Is It Worth Investing in Centrus Energy Corp (AMEX: LEU) Right Now?

The price-to-earnings ratio for Centrus Energy Corp (AMEX: LEU) is above average at 12.96x, Company’s 36-month beta value is 1.31.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for LEU is 13.98M, and currently, short sellers hold a 13.09% ratio of that floaft. The average trading volume of LEU on October 16, 2024 was 325.98K shares.

LEU’s Market Performance

The stock of Centrus Energy Corp (LEU) has seen a 15.24% increase in the past week, with a 82.28% rise in the past month, and a 65.10% gain in the past quarter. The volatility ratio for the week is 8.22%, and the volatility levels for the past 30 days are at 7.51% for LEU. The simple moving average for the last 20 days is 24.17% for LEU’s stock, with a simple moving average of 61.13% for the last 200 days.

Analysts’ Opinion of LEU

Many brokerage firms have already submitted their reports for LEU stocks, with ROTH MKM repeating the rating for LEU by listing it as a “Neutral.” The predicted price for LEU in the upcoming period, according to ROTH MKM is $62 based on the research report published on October 10, 2024 of the current year 2024.

B. Riley Securities, on the other hand, stated in their research note that they expect to see LEU reach a price target of $72. The rating they have provided for LEU stocks is “Buy” according to the report published on October 13th, 2023.

ROTH Capital gave a rating of “Buy” to LEU, setting the target price at $48 in the report published on August 08th of the previous year.

LEU Trading at 56.12% from the 50-Day Moving Average

After a stumble in the market that brought LEU to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 4.54% of gains for the given period.

Volatility was left at 7.51%, however, over the last 30 days, the volatility rate increased by 8.22%, as shares surge +80.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +99.28% upper at present.

During the last 5 trading sessions, LEU rose by +13.78%, which changed the moving average for the period of 200-days by +31.85% in comparison to the 20-day moving average, which settled at $58.47. In addition, Centrus Energy Corp saw 33.54% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LEU starting from CUTLIP LARRY B, who sale 3,000 shares at the price of $37.64 back on Aug 13 ’24. After this action, CUTLIP LARRY B now owns 13,402 shares of Centrus Energy Corp, valued at $112,920 using the latest closing price.

Donelson John M A, the SVP, Sales & Chief Mktg Officr of Centrus Energy Corp, sale 16,073 shares at $40.24 during a trade that took place back on Feb 26 ’24, which means that Donelson John M A is holding 0 shares at $646,778 based on the most recent closing price.

Stock Fundamentals for LEU

Current profitability levels for the company are sitting at:

  • 0.1 for the present operating margin
  • 0.25 for the gross margin

The net margin for Centrus Energy Corp stands at 0.23. The total capital return value is set at 0.14. Equity return is now at value 403.63, with 12.45 for asset returns.

Based on Centrus Energy Corp (LEU), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 2.24. The interest coverage ratio of the stock is 26.8.

Currently, EBITDA for the company is 52.4 million with net debt to EBITDA at -1.88. When we switch over and look at the enterprise to sales, we see a ratio of 2.6. The receivables turnover for the company is 11.23for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.

Conclusion

In a nutshell, Centrus Energy Corp (LEU) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts