Are Analysts Too Bullish On Cameco Corp. (CCJ)

Cameco Corp. (NYSE:CCJ) currently has a daily average trading volume of 4.01M but it saw 6826266 shares traded in last market. With a market cap of 20.91B USD, the company’s current market price of $48.06 came rising about 0.99 while comparing to the previous closing price of $47.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $56.24 and as low as $35.18. In the recent trading on the day, stock has struck highest price mark of $47.65 while lowest mark touched by it was $49.28.

Taking a look at 20-day trading activity of Cameco Corp. (CCJ) gives us an average price of $41.19, while its current price level is -14.54% below from 52-week high level whereas it is 36.61% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $41.69 while that of 200 days or SMA-200 reads an average of $45.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.53% during that period while stretching the period over a month that decreases to 3.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.23 which implies that the stock is in overbought territory.

Over the week, CCJ’s stock price is moving 16.99% up while it is 14.70% when we observe its performance for the past one month. Year-to-date it is 11.51% up and over the past year, the stock is showing an upside performance of 18.32%.

Currently, Cameco Corp.’s total number of outstanding shares is 434.18M. Company’s return on investment (ROI) stands at 3.42% and return on equity (ROE) at 4.21%. It has a price to earnings ratio (P/E ratio) of 109.85 while having a 37.00 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 4.62 while price to sale or P/S ratio amounts to 10.70. Its return on asset (ROA) is 2.84% on average.