Yellow Cake (LON:YCA) Reaches New 1-Year Low – Here’s Why

Shares of Yellow Cake plc (LON:YCA) reached a new 52-week low on Wednesday . The stock traded as low as GBX 450.80 ($5.71) and last traded at GBX 451.18 ($5.72), with a volume of 888657 shares trading hands. The stock had previously closed at GBX 457 ($5.79).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 712 ($9.02) target price on shares of Yellow Cake in a report on Tuesday, January 28th.

Yellow Cake Trading Down 0.8 %

The stock’s 50-day moving average price is GBX 495.15 and its 200-day moving average price is GBX 526.64. The company has a market capitalization of £968.49 million, a P/E ratio of 1.67 and a beta of 0.27.

Yellow Cake Company Profile

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.