Cameco Co. (NYSE:CCJ – Get Rating) (TSE:CCO) was the recipient of some unusual options trading activity on Wednesday. Investors purchased 28,210 put options on the company. This represents an increase of approximately 942% compared to the typical volume of 2,706 put options.
Cameco Stock Performance
Shares of CCJ opened at $26.15 on Thursday. Cameco has a one year low of $20.01 and a one year high of $32.49. The company has a 50-day moving average of $26.65 and a two-hundred day moving average of $25.54. The stock has a market cap of $11.32 billion, a price-to-earnings ratio of 153.83 and a beta of 0.95. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.92 and a quick ratio of 4.74.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on CCJ shares. Raymond James increased their target price on shares of Cameco from C$45.00 to C$48.00 in a research report on Friday, February 10th. TD Securities upgraded shares of Cameco to a “buy” rating in a research report on Friday, February 10th. Finally, Scotiabank raised their price objective on shares of Cameco from C$43.00 to C$50.00 in a research report on Friday, February 10th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.14.
Institutional Investors Weigh In On Cameco
Cameco Company Profile
Cameco Corp. engages in the provision of uranium. It operates through the Uranium and Fuel Services segments. The Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The Fuel Services segment deals with the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services.
- Get a free copy of the StockNews.com research report on Cameco (CCJ)
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