Centrus Energy Corp’s filing revealed that its SVP, Sales & Chief Mktg Officr Donelson John M A unloaded Company’s shares for reported $0.65 million on Feb 26 ’24. In the deal valued at $40.24 per share,16,073 shares were sold. As a result of this transaction, Donelson John M A now holds 0 shares worth roughly $0.0.
Then, Bawabeh Morris sold 6,842 shares, generating $365,672 in total proceeds. Upon selling the shares at $53.45, the 10% Owner now owns 1,216,276 shares.
Before that, Bawabeh Morris sold 93,158 shares. Centrus Energy Corp shares valued at $5,177,116 were divested by the 10% Owner at a price of $55.57 per share. As a result of the transaction, Bawabeh Morris now holds 1,223,118 shares, worth roughly $54.18 million.
B. Riley Securities initiated its Centrus Energy Corp [LEU] rating to a Buy in a research note published on October 13, 2023; the price target was $72. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who increased its forecast for the stock in early August from “a Neutral” to “a Buy”. Lake Street also remained covering LEU and has decreased its forecast on March 14, 2022 with a “Hold” recommendation from previously “Buy” rating. ROTH Capital revised its rating on March 11, 2022. It rated LEU as “a Neutral” which previously was an “a Buy”.
Price Performance Review of LEU
On Tuesday, Centrus Energy Corp [AMEX:LEU] saw its stock fall -2.94% to $44.30. Over the last five days, the stock has gained 3.19%. Centrus Energy Corp shares have fallen nearly -18.58% since the year began. Nevertheless, the stocks have risen 54.03% over the past one year. While a 52-week high of $61.35 was reached on 01/18/24, a 52-week low of $24.88 was recorded on 03/18/24. SMA at 50 days reached $41.84, while 200 days put it at $47.56. A total of 0.26 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For LEU Stock
The 24-hour chart illustrates a support level at 43.36, which if violated will result in even more drops to 42.42. On the upside, there is a resistance level at 45.89. A further resistance level may holdings at 47.48. The Relative Strength Index (RSI) on the 14-day chart is 56.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.57%. Stochastics %K at 74.30% indicates the stock is a holding.
