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

Cameco Corp (NYSE:CCJ) currently has a daily average trading volume of 4.57M but it saw 4409584 shares traded in last market. With a market cap of 24.37B USD, the company’s current market price of $56.00 came falling about -3.13 while comparing to the previous closing price of $57.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $62.55 and as low as $35.43. In the recent trading on the day, stock has struck highest price mark of $55.36 while lowest mark touched by it was $57.38.

Taking a look at 20-day trading activity of Cameco Corp (CCJ) gives us an average price of $58.02, while its current price level is -10.47% below from 52-week high level whereas it is 58.06% 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 $55.12 while that of 200 days or SMA-200 reads an average of $48.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.22% during that period while stretching the period over a month that increases to 4.39%. 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 47.34 which implies that the stock is in neutral territory.

Over the week, CCJ’s stock price is moving -8.41% down while it is 2.92% when we observe its performance for the past one month. Year-to-date it is 29.93% up and over the past year, the stock is showing an upside performance of 21.95%.

Currently, Cameco Corp’s total number of outstanding shares is 435.18M. 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 285.28 while having a 47.04 of forward P/E ratio. Stock’s beta reads 0.92. Stock has a price to book (P/B) ratio of 5.30 while price to sale or P/S ratio amounts to 11.86. Its return on asset (ROA) is 1.28% on average.