Centrus Energy Corp. (NYSE:LEU) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Centrus Energy Corp. (NYSE:LEU) have been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $143.40.

A number of equities analysts recently issued reports on LEU shares. Citigroup started coverage on shares of Centrus Energy in a research report on Tuesday, March 4th. They set a “neutral” rating and a $104.00 target price on the stock. StockNews.com raised shares of Centrus Energy to a “sell” rating in a research report on Monday, February 10th. HC Wainwright started coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They set a “buy” rating and a $300.00 target price on the stock. Finally, Craig Hallum started coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They set a “buy” rating and a $129.00 target price on the stock.

Centrus Energy Trading Up 0.8 %

NYSE:LEU opened at $70.96 on Wednesday. Centrus Energy has a 12 month low of $33.51 and a 12 month high of $122.95. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 16.09 and a beta of 1.26. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. The company’s 50 day moving average is $71.89 and its 200-day moving average is $79.37.

Insider Activity

In other news, SVP Larry B. Cutlip sold 4,000 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the sale, the senior vice president now owns 9,402 shares in the company, valued at approximately $1,131,154.62. The trade was a 29.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Centrus Energy

Several institutional investors and hedge funds have recently made changes to their positions in the company. Anatole Investment Management Ltd acquired a new position in Centrus Energy during the 4th quarter worth about $27,880,000. Reaves W H & Co. Inc. bought a new stake in shares of Centrus Energy during the fourth quarter valued at approximately $15,215,000. Soros Fund Management LLC acquired a new stake in shares of Centrus Energy in the fourth quarter valued at approximately $14,821,000. Voloridge Investment Management LLC increased its holdings in shares of Centrus Energy by 1,300.5% in the fourth quarter. Voloridge Investment Management LLC now owns 235,155 shares of the company’s stock valued at $15,664,000 after purchasing an additional 218,364 shares in the last quarter. Finally, Driehaus Capital Management LLC acquired a new stake in shares of Centrus Energy in the fourth quarter valued at approximately $10,367,000. Institutional investors and hedge funds own 49.96% of the company’s stock.

About Centrus Energy

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.