Ideas And Forecasts On Cameco Corp. (NYSE: CCJ)

Cameco Corp. (NYSE:CCJ) currently has a daily average trading volume of 4.62M but it saw 4870810 shares traded in last market. With a market cap of 23.43B USD, the company’s current market price of $53.85 came falling about -0.43 while comparing to the previous closing price of $54.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $58.72 and as low as $35.43. In the recent trading on the day, stock has struck highest price mark of $53.18 while lowest mark touched by it was $55.2.

Taking a look at 20-day trading activity of Cameco Corp. (CCJ) gives us an average price of $52.38, while its current price level is -8.29% below from 52-week high level whereas it is 51.99% 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 $45.69 while that of 200 days or SMA-200 reads an average of $46.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.04% during that period while stretching the period over a month that decreases to 3.40%. 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 61.08 which implies that the stock is in neutral territory.

Over the week, CCJ’s stock price is moving -4.98% down while it is 13.15% when we observe its performance for the past one month. Year-to-date it is 24.94% up and over the past year, the stock is showing an upside performance of 38.75%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.24 beat the consensus estimate of 0.09 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-07, for which analysts forecasted an EPS of 0.18 while estimate for next year EPS is 0.64. In next quarter, company is expected to be making quarterly sales of $750.08M as analysts are expecting the sales for current fiscal year at $2.16B and seeing the company making $2.35B in sales next year. Moreover, analysts are in estimates of $535.73M for current-quarter revenue.

Currently, Cameco Corp.’s total number of outstanding shares is 434.18M with 0.16% of that held by the insiders while 78.71% of its common stock has been owned by the institutions. 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 123.09 while having a 41.74 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 5.18 while price to sale or P/S ratio amounts to 11.98. Its return on asset (ROA) is 2.84% on average.