The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Energy Fuels Inc shares valued at $8,820 were purchased by Bennett Nathan Reed on May 08 ’24. At $5.88 per share, Bennett Nathan Reed acquired 1,500 shares. The insider’s holdings grew to 17,012 shares worth approximately $0.1 million following the completion of this transaction.
Also, Kirkwood Robert W. purchased 17,200 shares, netting a total of over 100,431 in proceeds. Following the buying of shares at $5.84 each, the insider now holds 228,475 shares.
Before that, Chalmers Mark had added 16,838 shares to its account. In a trade valued at $98,671, the President & CEO bought Energy Fuels Inc shares for $5.86 each. Upon closing the transaction, the insider’s holdings increased to 16,838 shares, worth approximately $5.79 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 surge of approximately 9.82%. Over the course of the year, Energy Fuels Inc shares have dropped approximately -14.46%. Shares of the company reached a 52-week high of $8.21 on 02/01/24 and a 52-week low of $5.16 on 04/30/24. A 50-day SMA is recorded $6.01, while a 200-day SMA reached $7.03. Nevertheless, trading volume fell to 4.65 million shares from 4.72 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 5.94, which, if violated, would cause prices to drop to 5.72. In the upper region, resistance lies at 6.27. The next price resistance is at 6.38. RSI (Relative Strength Index) is 58.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.41, which suggests the price will decrease in the coming days. Percent R is at 1.98%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
