Energy Fuels (NYSEAMERICAN:UUUU) Shares Gap Up – What’s Next?

Energy Fuels Inc. (NYSEAMERICAN:UUUU)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $4.43, but opened at $4.91. Energy Fuels shares last traded at $4.80, with a volume of 4,812,258 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Roth Capital set a $5.75 price target on Energy Fuels in a research report on Friday, February 28th. Roth Mkm raised shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 target price for the company in a report on Friday, February 28th. Finally, HC Wainwright cut their price target on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating on the stock in a report on Friday, February 28th.

Energy Fuels Stock Up 11.7 %

The stock has a market capitalization of $983.52 million, a P/E ratio of -22.50 and a beta of 1.68. The business has a fifty day moving average price of $4.42 and a 200-day moving average price of $5.41.

Insider Activity

In other Energy Fuels news, Director Barbara Appelin Filas sold 10,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $4.15, for a total value of $41,500.00. Following the transaction, the director now owns 160,159 shares of the company’s stock, valued at approximately $664,659.85. This represents a 5.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Daniel Kapostasy sold 12,350 shares of the business’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $4.10, for a total value of $50,635.00. Following the sale, the vice president now owns 57,705 shares of the company’s stock, valued at approximately $236,590.50. This represents a 17.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Van ECK Associates Corp increased its holdings in Energy Fuels by 104.9% in the 4th quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after acquiring an additional 2,477,539 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Energy Fuels by 18.5% in the fourth quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company’s stock worth $38,316,000 after purchasing an additional 1,164,973 shares during the period. Focus Partners Wealth purchased a new stake in shares of Energy Fuels in the fourth quarter worth $5,467,000. Summit Financial LLC bought a new stake in shares of Energy Fuels during the 4th quarter valued at $4,840,000. Finally, Dimensional Fund Advisors LP bought a new stake in shares of Energy Fuels during the 4th quarter valued at $2,708,000. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.