Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Energy Fuels Inc shares valued at $92,800 were sold by Bovaird J. Birks on Apr 03 ’24. At $9.28 per share, Bovaird J. Birks sold 10,000 shares. The insider’s holdings dropped to 187,380 shares worth approximately $1.0 million following the completion of this transaction.
Also, KAPOSTASY DANIEL sold 6,100 shares, netting a total of over 41,785 in proceeds. Following the sale of shares at $6.85 each, the insider now holds 24,657 shares.
Before that, Bovaird J. Birks had sold 6,000 shares from its account. In a trade valued at $69,000, the Director traded Energy Fuels Inc shares for $11.50 each. Upon closing the transaction, the insider’s holdings decreased to 6,000 shares, worth approximately $1.0 million.
As published in their initiating research note from B. Riley Securities on April 18, 2024, Energy Fuels Inc [UUUU] has been a Buy and the price target has been revised to $9. Analysts at Noble Capital Markets upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in late May. As of January 13, 2021, Cantor Fitzgerald has increased its “Hold” rating to a “Buy” for UUUU. Earlier on January 06, 2021, Cantor Fitzgerald downgraded its rating. Their new recommendation was “a Hold” for UUUU stock which previously was a “a Buy”.
Analyzing UUUU Stock Performance
During the last five days, there has been a drop of approximately -8.38%. Over the course of the year, Energy Fuels Inc shares have dropped approximately -25.45%. Shares of the company reached a 52-week high of $8.21 on 02/01/24 and a 52-week low of $5.18 on 04/23/24. A 50-day SMA is recorded $6.16, while a 200-day SMA reached $7.05. Nevertheless, trading volume fell to 2.0 million shares from 4.82 million shares the previous day.
Support And Resistance Levels for Energy Fuels Inc (UUUU)
According to the 24-hour chart, there is a support level at 5.27, which, if violated, would cause prices to drop to 5.17. In the upper region, resistance lies at 5.44. The next price resistance is at 5.52. RSI (Relative Strength Index) is 33.48 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.53, which suggests the price will decrease in the coming days. Percent R is at 87.19%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
