Cameco Co. (TSE:CCO - Get Free Report) NYSE: CCJ's share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$65.80 and traded as high as C$75.50. Cameco shares last traded at C$74.23, with a volume of 1,187,348 shares traded.
A number of brokerages recently issued reports on CCO. Scotiabank decreased their price objective on shares of Cameco from C$81.00 to C$80.00 in a research note on Monday, August 19th. Cantor Fitzgerald upgraded shares of Cameco from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 31st. National Bank Financial upgraded shares of Cameco to a "strong-buy" rating in a research report on Tuesday, September 3rd. TD Securities increased their target price on Cameco from C$79.00 to C$80.00 in a research report on Monday, July 22nd. Finally, Janney Montgomery Scott raised Cameco to a "strong-buy" rating in a research note on Friday, October 4th. Eight equities research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of C$78.60.
Read Our Latest Stock Report on Cameco
The company has a debt-to-equity ratio of 25.39, a current ratio of 3.22 and a quick ratio of 3.74. The company has a fifty day moving average of C$64.45 and a 200 day moving average of C$65.80. The firm has a market capitalization of C$32.30 billion, a P/E ratio of 125.81, a PEG ratio of 2.22 and a beta of 0.90.
In other news, Senior Officer Cory John-Paul Kos purchased 500 shares of the business's stock in a transaction on Monday, August 19th. The shares were acquired at an average price of C$56.23 per share, with a total value of C$28,115.00. In related news, Senior Officer Cory John-Paul Kos acquired 500 shares of Cameco stock in a transaction dated Monday, August 19th. The stock was bought at an average price of C$56.23 per share, with a total value of C$28,115.00. Also, Senior Officer Ronald Liam Mooney sold 3,400 shares of the firm's stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$70.49, for a total transaction of C$239,666.00. 0.15% of the stock is owned by insiders.
Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.
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