Centrus Energy Stock Receives Upgrade from StockNews.com

Centrus Energy (NYSE:LEU) experienced a notable upgrade from analysts at StockNews.com, who assigned the stock a "sell" rating in their report published on Monday.

Recent Analyst Ratings

A few other financial analysts have also provided their insights into Centrus Energy's stock. Notably, B. Riley increased their price target for the company from $88.00 to $126.00, while giving it a "buy" rating in a research note released on October 30th. Conversely, Roth Mkm adjusted their target price down from $62.00 to $58.00 and categorized the stock as "neutral" on the same day.

Centrus Energy Stock Performance

During trading on Monday, Centrus Energy shares rose by 5.0%, reaching a price of $114.39. The trading volume was significant, with 1,626,914 shares changing hands compared to an average volume of 904,962. The company's 50-day moving average stands at $76.81, while its 200-day moving average is $65.89. Centrus Energy's financial ratios include a debt-to-equity ratio of 1.44, a current ratio of 1.63, and a quick ratio of 1.03. The stock has fluctuated between a 52-week low of $33.51 and a high of $119.42. Its market capitalization is approximately $1.88 billion, with a price-to-earnings ratio of 25.94 and a beta of 1.17.

Institutional Investments

Recently, several institutional investors have bought and sold shares of Centrus Energy. Cape Investment Advisory Inc. made a new investment in the company valued at around $27,000 in the fourth quarter. Additionally, PNC Financial Services Group Inc. increased its holdings by 77.4% during the same period, now owning 440 shares valued at $29,000 after acquiring an extra 192 shares. Farther Finance Advisors LLC also significantly boosted its position by 33,333.3%, owning 1,003 shares worth $67,000 after buying an additional 1,000 shares. Other significant purchases included a new position from Venturi Wealth Management valued at $113,000 and another from Canton Hathaway LLC worth $161,000. Currently, institutional investors hold approximately 49.96% of Centrus Energy's shares.

Company Overview

Centrus Energy Corp. specializes in providing nuclear fuel components and services for the nuclear energy sector in the United States as well as in markets abroad, including Belgium and Japan. The company operates in two primary segments: Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment is dedicated to selling separative work units (SWU), natural uranium hexafluoride, uranium concentrates, and enriched uranium products to utility companies running nuclear power facilities.

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