The stock of Cameco Corp (CCJ) has seen a -8.13% decrease in the past week, with a -13.51% drop in the past month, and a -3.35% decrease in the past quarter. The volatility ratio for the week is 4.95%, and the volatility levels for the past 30 days are at 3.53% for CCJ. The simple moving average for the last 20 days is -7.03% for CCJ stock, with a simple moving average of -1.59% for the last 200 days.
Is It Worth Investing in Cameco Corp (NYSE: CCJ) Right Now?
The price-to-earnings ratio for Cameco Corp (NYSE: CCJ) is above average at 248.60x, Company’s 36-month beta value is 0.95.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 6 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CCJ is 433.32M, and currently, short sellers hold a 3.58% ratio of that floaft. The average trading volume of CCJ on January 14, 2025 was 4.22M shares.
CCJ) stock’s latest price update
Cameco Corp (NYSE: CCJ) has seen a decline in its stock price by -0.89 in relation to its previous close of 49.24. However, the company has experienced a -8.13% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-13 that Cameco Corporation, the world’s largest publicly traded uranium company, benefits from rising electricity demand driven by AI and data centers, positioning nuclear power as a key solution. The uranium market is concentrated and geopolitically unstable, with Cameco’s substantial reserves and production capacity ensuring long-term stability and growth. Cameco’s strategic investments, including a 49% stake in Westinghouse, and expansion of key assets, aim to boost revenue, cash flow, and shareholder returns.
Analysts’ Opinion of CCJ
Goldman, on the other hand, stated in their research note that they expect to see CCJ reach a price target of $55. The rating they have provided for CCJ stocks is “Buy” according to the report published on April 01st, 2024.
CCJ Trading at -10.69% 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 -21.98% of loss for the given period.
Volatility was left at 3.53%, however, over the last 30 days, the volatility rate increased by 4.95%, as shares sank -15.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.90% lower at present.
During the last 5 trading sessions, CCJ fell by -8.13%, which changed the moving average for the period of 200-days by +15.91% in comparison to the 20-day moving average, which settled at $52.49. In addition, Cameco Corp saw -5.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CCJ starting from Gitzel Timothy S., who proposed sale 50,000 shares at the price of $61.14 back on Dec 05 ’24. After this action, Gitzel Timothy S. now owns shares of Cameco Corp, valued at $3,057,000 using the latest closing price.
Quinn Sean A., the Officer of Cameco Corp, proposed sale 13,400 shares at $60.93 during a trade that took place back on Nov 21 ’24, which means that Quinn Sean A. is holding shares at $816,462 based on the most recent closing price.
Stock Fundamentals for CCJ
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.21 for the gross margin
The net margin for Cameco Corp stands at 0.04. The total capital return value is set at 0.04. Equity return is now at value 1.87, with 1.28 for asset returns.
Based on Cameco Corp (CCJ), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 2.32.
Currently, EBITDA for the company is 799.52 million with net debt to EBITDA at 1.75. When we switch over and look at the enterprise to sales, we see a ratio of 11.33. The receivables turnover for the company is 8.96for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.88.
Conclusion
In a nutshell, Cameco Corp (CCJ) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
