Centrus Energy (NYSE:LEU) Raised to Sell at StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) to a sell rating in a report released on Monday.

Other equities analysts also recently issued research reports about the company. B. Riley increased their price target on Centrus Energy from $88.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Roth Mkm lowered their price target on Centrus Energy from $62.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, October 30th.

Centrus Energy Trading Up 5.0 %

NYSE:LEU opened at $114.39 on Monday. The stock’s 50 day moving average price is $76.81 and its 200 day moving average price is $65.89. Centrus Energy has a 52 week low of $33.51 and a 52 week high of $119.42. The company has a market capitalization of $1.88 billion, a P/E ratio of 25.94 and a beta of 1.17. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.03 and a current ratio of 1.63.

Institutional Investors Weigh In On Centrus Energy

Several hedge funds have recently modified their holdings of LEU. AQR Capital Management LLC bought a new stake in shares of Centrus Energy in the second quarter valued at approximately $275,000. The Manufacturers Life Insurance Company bought a new stake in shares of Centrus Energy in the second quarter valued at approximately $233,000. SG Americas Securities LLC bought a new stake in shares of Centrus Energy in the third quarter valued at approximately $281,000. Exchange Traded Concepts LLC lifted its position in Centrus Energy by 81.8% in the third quarter. Exchange Traded Concepts LLC now owns 18,174 shares of the company’s stock worth $997,000 after purchasing an additional 8,177 shares during the period. Finally, Vontobel Holding Ltd. lifted its position in Centrus Energy by 17.3% in the third quarter. Vontobel Holding Ltd. now owns 5,520 shares of the company’s stock worth $303,000 after purchasing an additional 815 shares during the period. 49.96% of the stock is owned by institutional investors.

About Centrus Energy

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.