Cameco Corp (NYSE: CCJ): Think Like A Lender, Not An Investor

Cameco Corp (NYSE:CCJ) currently has a daily average trading volume of 4.62M but it saw 2239939 shares traded in last market. With a market cap of 25.16B USD, the company’s current market price of $57.81 came falling about -1.38 while comparing to the previous closing price of $58.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $60.98 and as low as $35.43. In the recent trading on the day, stock has struck highest price mark of $57.62 while lowest mark touched by it was $58.92.

Taking a look at 20-day trading activity of Cameco Corp (CCJ) gives us an average price of $54.86, while its current price level is -5.20% below from 52-week high level whereas it is 63.17% 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 $52.73 while that of 200 days or SMA-200 reads an average of $47.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.74% during that period while stretching the period over a month that increases to 4.34%. 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 59.30 which implies that the stock is in neutral territory.

Over the week, CCJ’s stock price is moving 0.35% up while it is 5.55% when we observe its performance for the past one month. Year-to-date it is 34.13% up and over the past year, the stock is showing an upside performance of 27.81%.

Currently, Cameco Corp’s total number of outstanding shares is 434.18M. Company’s return on investment (ROI) stands at 1.54% and return on equity (ROE) at 1.87%. It has a price to earnings ratio (P/E ratio) of 294.50 while having a 48.44 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 5.47 while price to sale or P/S ratio amounts to 12.24. Its return on asset (ROA) is 1.28% on average.