Cameco Corp (NYSE: CCJ): Retirees Don’t Worry About Volatility

Cameco Corp (NYSE:CCJ) currently has a daily average trading volume of 4.09M but it saw 5073567 shares traded in last market. With a market cap of 19.47B USD, the company’s current market price of $44.72 came rising about 2.59 while comparing to the previous closing price of $43.59. 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.

Taking a look at 20-day trading activity of Cameco Corp (CCJ) gives us an average price of $47.94, while its current price level is -28.51% below from 52-week high level whereas it is 26.22% 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 $50.55 while that of 200 days or SMA-200 reads an average of $49.73. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.75% during that period while stretching the period over a month that decreases to 4.11%. 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 37.94 which implies that the stock is in neutral territory.

Over the week, CCJ’s stock price is moving -3.93% down while it is -5.87% when we observe its performance for the past one month. Year-to-date it is -12.98% down and over the past year, the stock is showing an upside performance of 11.27%.

Currently, Cameco Corp’s total number of outstanding shares is 435.31M. Company’s return on investment (ROI) stands at 2.41% and return on equity (ROE) at 2.73%. It has a price to earnings ratio (P/E ratio) of 157.80 while having a 32.07 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 4.40 while price to sale or P/S ratio amounts to 8.53. Its return on asset (ROA) is 1.71% on average.