Are Analysts Too Bullish On Cameco Corp (CCJ)

Cameco Corp (NYSE:CCJ) currently has a daily average trading volume of 4.17M but it saw 5199093 shares traded in last market. With a market cap of 22.36B USD, the company’s current market price of $51.38 came falling about -0.39 while comparing to the previous closing price of $51.58. 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 $49.55 while lowest mark touched by it was $51.56.

Taking a look at 20-day trading activity of Cameco Corp (CCJ) gives us an average price of $53.30, while its current price level is -17.86% below from 52-week high level whereas it is 45.02% 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 $54.88 while that of 200 days or SMA-200 reads an average of $49.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.55% during that period while stretching the period over a month that decreases to 3.67%. 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 41.04 which implies that the stock is in neutral territory.

Over the week, CCJ’s stock price is moving -0.02% down while it is -15.85% when we observe its performance for the past one month. Year-to-date it is -0.02% down and over the past year, the stock is showing an upside performance of 20.30%.

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 261.74 while having a 43.96 of forward P/E ratio. Stock’s beta reads 0.94. Stock has a price to book (P/B) ratio of 4.86 while price to sale or P/S ratio amounts to 10.88. Its return on asset (ROA) is 1.28% on average.