Energy Fuels Sees Unusually High Options Volume (NYSE:UUUU)

Energy Fuels Inc. (NYSE:UUUU) was the target of some unusual options trading activity on Tuesday. Stock investors bought 10,274 call options on the company. This is an increase of approximately 64% compared to the average volume of 6,251 call options.

Energy Fuels Price Performance

Shares of UUUU opened at $5.83 on Thursday. The firm’s 50 day moving average is $6.00 and its 200-day moving average is $5.65. The stock has a market capitalization of $1.15 billion, a P/E ratio of -26.50 and a beta of 1.71. Energy Fuels has a 12-month low of $4.19 and a 12-month high of $8.21.

Energy Fuels (NYSE:UUUU) last announced its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. As a group, equities research analysts forecast that Energy Fuels will post -0.1 EPS for the current fiscal year.

Insider Activity

In related news, Director Alex G. Morrison sold 17,500 shares of the firm’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the completion of the sale, the director now directly owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. This trade represents a 9.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dennis Lyle Higgs sold 18,615 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $7.23, for a total transaction of $134,586.45. Following the transaction, the director now directly owns 291,422 shares of the company’s stock, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in UUUU. Van ECK Associates Corp lifted its stake in Energy Fuels by 84.8% in the third quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock valued at $12,961,000 after acquiring an additional 1,083,480 shares during the last quarter. Geode Capital Management LLC lifted its stake in Energy Fuels by 14.1% in the third quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock valued at $12,731,000 after acquiring an additional 285,680 shares during the last quarter. Bridgewater Associates LP lifted its stake in Energy Fuels by 8.8% in the third quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock valued at $9,094,000 after acquiring an additional 134,531 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Energy Fuels by 233.1% in the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after acquiring an additional 632,713 shares during the last quarter. Finally, Stanley Laman Group Ltd. lifted its stake in Energy Fuels by 65.2% in the third quarter. Stanley Laman Group Ltd. now owns 785,521 shares of the company’s stock valued at $4,313,000 after acquiring an additional 309,958 shares during the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on UUUU shares. Roth Mkm reduced their price target on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating on the stock in a research report on Monday, November 4th. HC Wainwright restated a “buy” rating and set a $11.00 price target on shares of Energy Fuels in a research report on Wednesday, December 11th.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.