Stock Traders Purchase Large Volume of Energy Fuels Call Options (NYSEAMERICAN:UUUU)

Energy Fuels Inc (NYSEAMERICAN:UUUU) was the recipient of some unusual options trading on Wednesday. Investors purchased 65,151 call options on the stock. This represents an increase of 114% compared to the typical volume of 30,453 call options.

Energy Fuels Stock Performance

Shares of UUUU stock opened at $16.87 on Thursday. Energy Fuels has a one year low of $3.20 and a one year high of $18.60. The company’s 50-day simple moving average is $11.07 and its 200-day simple moving average is $7.03. The stock has a market capitalization of $3.75 billion, a price-to-earnings ratio of -34.43 and a beta of 1.76.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its quarterly earnings results on Wednesday, August 6th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.06). Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The company had revenue of $4.21 million for the quarter. The company’s revenue was up –51.7% on a year-over-year basis. As a group, research analysts forecast that Energy Fuels will post -0.1 EPS for the current year.

Insider Activity at Energy Fuels

In related news, Director Dennis Lyle Higgs sold 6,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $14.88, for a total value of $89,280.00. Following the completion of the sale, the director directly owned 218,881 shares in the company, valued at approximately $3,256,949.28. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $14.85, for a total value of $148,500.00. Following the completion of the sale, the director owned 195,617 shares of the company’s stock, valued at approximately $2,904,912.45. This represents a 4.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 618,724 shares of company stock worth $6,782,959. Corporate insiders own 1.77% of the company’s stock.

Hedge Funds Weigh In On Energy Fuels

A number of large investors have recently bought and sold shares of UUUU. SBI Securities Co. Ltd. grew its position in Energy Fuels by 27.5% in the second quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock worth $36,000 after buying an additional 1,344 shares during the last quarter. D.A. Davidson & CO. grew its position in Energy Fuels by 3.0% in the second quarter. D.A. Davidson & CO. now owns 50,590 shares of the company’s stock worth $291,000 after buying an additional 1,493 shares during the last quarter. Wedbush Securities Inc. grew its position in Energy Fuels by 15.8% in the second quarter. Wedbush Securities Inc. now owns 12,850 shares of the company’s stock worth $74,000 after buying an additional 1,750 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Energy Fuels by 27.1% in the second quarter. PNC Financial Services Group Inc. now owns 8,649 shares of the company’s stock worth $50,000 after buying an additional 1,844 shares during the last quarter. Finally, ProShare Advisors LLC grew its position in Energy Fuels by 5.2% in the second quarter. ProShare Advisors LLC now owns 42,712 shares of the company’s stock worth $246,000 after buying an additional 2,116 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. B. Riley assumed coverage on Energy Fuels in a research note on Wednesday, July 23rd. They set a “buy” rating and a $9.00 target price for the company. Roth Capital downgraded Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 target price for the company. in a research note on Friday, July 11th. Finally, HC Wainwright increased their price target on shares of Energy Fuels from $12.00 to $16.25 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $9.25.

About Energy Fuels

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.