In a filing, Cameco Corp revealed its Officer Gitzel Timothy S. acquired Company’s shares for reported $3.06 million on Dec 05 ’24. In the deal valued at $61.14 per share,50,000 shares were bought.
Then, Quinn Sean A. bought 13,400 shares, generating $816,462 in total proceeds.
Before that, Reilly Brian A. bought 14,062 shares. Cameco Corp shares valued at $808,003 were divested by the Officer at a price of $57.46 per share.
Cantor Fitzgerald upgraded its Cameco Corp [CCJ] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Cantor Fitzgerald also remained covering CCJ and has decreased its forecast on December 19, 2023 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of CCJ
On Friday, Cameco Corp [NYSE:CCJ] saw its stock jump 4.28% to $51.63. Over the last five days, the stock has gained 4.85%. Cameco Corp shares have risen nearly 0.47% since the year began. Nevertheless, the stocks have risen 7.74% over the past one year. While a 52-week high of $62.55 was reached on 01/06/25, a 52-week low of $35.43 was recorded on 01/13/25. SMA at 50 days reached $54.44, while 200 days put it at $49.69.
Levels Of Support And Resistance For CCJ Stock
The 24-hour chart illustrates a support level at 49.70, which if violated will result in even more drops to 47.76. On the upside, there is a resistance level at 53.08. A further resistance level may holdings at 54.52. The Relative Strength Index (RSI) on the 14-day chart is 47.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.77%. Stochastics %K at 26.19% indicates the stock is a holding.
How much short interest is there in Cameco Corp?
A steep rise in short interest was recorded in Cameco Corp stocks on 2024-12-31, dropping by -1.71 million shares to a total of 16.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 18.46 million shares. There was a decline of -10.21%, which implies that there is a negative sentiment for the stock.
