Energy Fuels Inc.’s recent filing unveils that its Senior VP Marketing and Moore Curtis unloaded Company’s shares for reported $62436.0 on Jun 16. In the deal valued at $6.37 per share,9,800 shares were sold. As a result of this transaction, Moore Curtis now holds 82,978 shares worth roughly $ 0.6 million.
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Then, Moore Curtis sold 14,500 shares, generating $100,050 in total proceeds. Upon selling the shares at $6.90, the Senior VP Marketing and now owns 92,778 shares.
Before that, Filas Barbara Appelin sold 10,000 shares. Energy Fuels Inc. shares valued at $62,500 were divested by the Director at a price of $6.25 per share. As a result of the transaction, Filas Barbara Appelin now holds 134,113 shares, worth roughly $0.97 million.
Noble Capital Markets upgraded its Energy Fuels Inc. [UUUU] rating to an Outperform from a a Market perform in a research note published on Friday.
Price Performance Review of UUUU
On Friday, Energy Fuels Inc. [AMEX:UUUU] saw its stock jump 1.54% to $7.24. On the same session, the stock had its day’s lowest price of $7.16, but rose to a high of $7.38. Over the last five days, the stock has gained 6.16%. Energy Fuels Inc. shares have risen nearly 16.59% since the year began. Nevertheless, the stocks have fallen -10.84% over the past one year. While a 52-week high of $8.09 was reached on 02/02/23, a 52-week low of $4.85 was recorded on 03/16/23. SMA at 50 days reached $6.33, while 200 days put it at $6.25. A total of 1.58 million shares were traded, compared to the trading of 2.42 million shares in the previous session.
Levels Of Support And Resistance For UUUU Stock
The 24-hour chart illustrates a support level at 7.14, which if violated will result in even more drops to 7.04. On the upside, there is a resistance level at 7.36. A further resistance level may holdings at 7.48. The Relative Strength Index (RSI) on the 14-day chart is 66.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.93%. Stochastics %K at 88.96% indicates the stock is a selling.
How much short interest is there in Energy Fuels Inc.?
A steep rise in short interest was recorded in Energy Fuels Inc. stocks on Aug 14, 2023, dropping by -0.46 million shares to a total of 21.8 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 22.26 million shares. There was a decline of -2.11%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 14.01% of the overall stock float, the days-to-cover ratio (short ratio) fell to 10.3.
According to FactSet, Energy Fuels Inc.’s share price will average $9.83 in the next year, based on opinions of analysts polled by the firm. This is up nearly 38.29 percent from its previous closing price of $7.13. Analysts expect Energy Fuels Inc. stock to reach the higher price of $12.33, while the lowest price estimate is $8.50. However, 8 analysts have rated UUUU stock as a Buy in their predictions for 2023.