In a recent bid Cameco Corporation [CCJ] faced a contemporary bid of $9.40 yielding a -2.66% decline where 0.62 million shares have exchanged hands over the last week. CCJ amount got a fall by -1.11% or -$0.1 versus $9.50 at the end of the prior session. This change led market cap to move at 3.75B, putting the price 77.23% below the 52-week high and -23.80% above the 52-week low. The company’s stock has a normal trading capacity of 0.62 million shares while the relative volume is 0.67.

On 24, September 2020, Cameco Provides Updated Date for Q3 Results and Conference Call. According to news published on Yahoo Finance, Cameco (TSX: CCO; NYSE: CCJ) will issue its third quarter results before markets open on Wednesday, November 4, 2020.

Analyst Birdseye View:

The most recent analyst activity for Cameco Corporation [NYSE:CCJ] stock was on May 02, 2019, when it was Downgrade with a Hold rating from TD Securities. On September 28, 2018, Scotia Howard Weil Upgrade a Sector perform rating. On May 22, 2018, RBC Capital Mkts Downgrade a Sector perform rating. On October 20, 2017, RBC Capital Mkts Reiterated an Outperform rating and decreased its price target to $16. On August 15, 2017, Raymond James Resumed an Outperform rating. On July 18, 2017, Credit Suisse Downgrade an Underperform rating. BofA/Merrill elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $5.30 and a peak of $12.33. Right now, the middling Wall Street analyst 12-month amount mark is $12.67. At the most recent market close, shares of Cameco Corporation [NYSE:CCJ] were valued at $9.40. According to the average price forecast, investors can expect a potential return of 14.29%.

FUNDAMENTAL ANALYSIS

Cameco Corporation [NYSE:CCJ] most recently reported quarterly sales of 525.29 billion, which represented growth of 35.50%. This publicly-traded organization’s revenue is $988,289 per employee, while its income is $39,257 per employee. This company’s Gross Margin is currently 9.90%, its Operating Margin is 5.60%, its Pretax Margin is +4.81, and its Net Margin is +3.97. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.96, 1.48, 1.20 and 1.23 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 16.81 and the whole liability to whole assets at 13.59. It shows enduring liability to the whole principal at 16.75 and enduring liability to assets at 0.14 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 9.38 points at 1st support level, the second support level is making up to 9.25. But as of 1st resistance point, this stock is sitting at 9.63 and at 9.76 for 2nd resistance point.

Cameco Corporation [CCJ] reported its earnings at $0.36 per share in the fiscal quarter closing of 12/30/2017. The Analysts for Wall Street were expecting to report its earnings at $0.28/share signifying the difference of 0.08 and 28.60% surprise value. Comparing the previous quarter ending of 9/29/2017, the stated earnings were -$0.1 calling estimates for $0.04/share with the difference of -0.14 depicting the surprise of -350.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Cameco Corporation [NYSE:CCJ] is 5.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 3.83. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.45, it’s amount to book ratio is 0.91 and showing 117.28 of P/E (TTM) ratio.