Cameco Corp. (NYSE: CCJ) Now -11.17% Off Its High ($56.24), Does Analysts See Headwinds And Risks?

Cameco Corp. (NYSE:CCJ) currently has a daily average trading volume of 4.15M but it saw 4930156 shares traded in last market. With a market cap of 21.74B USD, the company’s current market price of $49.96 came rising about 1.05 while comparing to the previous closing price of $49.44. 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 $49.3 while lowest mark touched by it was $50.19.

Taking a look at 20-day trading activity of Cameco Corp. (CCJ) gives us an average price of $43.57, while its current price level is -11.17% below from 52-week high level whereas it is 42.01% 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 $41.88 while that of 200 days or SMA-200 reads an average of $46.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.24% during that period while stretching the period over a month that increases to 3.13%. 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 75.58 which implies that the stock is in overbought territory.

Over the week, CCJ’s stock price is moving 3.95% up while it is 28.10% when we observe its performance for the past one month. Year-to-date it is 15.92% up and over the past year, the stock is showing an upside performance of 34.74%.

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 114.19 while having a 38.68 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 4.80 while price to sale or P/S ratio amounts to 11.12. Its return on asset (ROA) is 2.84% on average.