Paladin Energy (OTCMKTS:PALAF) Sets New 52-Week Low – Time to Sell?

Paladin Energy Ltd (OTCMKTS:PALAF) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $4.24 and last traded at $4.39, with a volume of 222016 shares traded. The stock had previously closed at $4.46.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered Paladin Energy from a “strong-buy” rating to a “hold” rating in a research note on Saturday, January 25th.

Paladin Energy Stock Performance

The company has a current ratio of 4.02, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34. The firm’s 50-day moving average is $5.12 and its 200 day moving average is $6.02.

Paladin Energy Company Profile

Paladin Energy Ltd develops, explores for, owns, and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Limited in November 2007.