Cameco Corp [CCJ] stock is trading at $56.00, down -1.51%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CCJ shares have gain 13.11% over the last week, with a monthly amount glided 6.79%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cameco Corp [NYSE: CCJ] stock has seen the most recent analyst activity on July 31, 2024, when Cantor Fitzgerald upgraded its rating to a Overweight. Previously, Goldman started tracking the stock with Buy rating on April 01, 2024, and set its price target to $55. On December 19, 2023, downgrade downgraded it’s rating to Neutral. Cantor Fitzgerald upgraded its rating to Buy for this stock on October 25, 2023. In a note dated April 11, 2022, RBC Capital Mkts upgraded an Outperform rating on this stock.
Cameco Corp [CCJ] stock has fluctuated between $35.43 and $62.55 over the past year. Currently, Wall Street analysts expect the stock to reach $38.49 within the next 12 months. Cameco Corp [NYSE: CCJ] shares were valued at $56.00 at the most recent close of the market. An investor can expect a potential drop of -31.27% based on the average CCJ price forecast.
Analyzing the CCJ fundamentals
Cameco Corp [NYSE:CCJ] reported sales of 2.05B for the trailing twelve months, which represents a growth of 23.22%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.70 points at the first support level, and at 53.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.82, and for the 2nd resistance point, it is at 59.63.
Ratios To Look Out For
For context, Cameco Corp’s Current Ratio is 2.88. In addition, the Quick Ratio stands at 1.26 and the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 11.86, the price to book ratio is 5.30 and price to earnings (TTM) ratio is 285.28.
Transactions by insiders
Recent insider trading involved Gitzel Timothy S., Officer, that happened on Dec 05 ’24 when 50000.0 shares were purchased. Officer, Quinn Sean A. completed a deal on Nov 21 ’24 to buy 13400.0 shares. Meanwhile, Officer Reilly Brian A. bought 14062.0 shares on Nov 19 ’24.
