Centrus Energy Corp (AMEX: LEU) Stock Jumped 50.91% Over A Month – Is There Any Hope Of A Gain?

During the last session, Centrus Energy Corp (AMEX:LEU)’s traded shares were 0.5 million, with the beta value of the company hitting 1.31. At the end of the trading day, the stock’s price was $59.46, reflecting an intraday gain of 6.56% or $3.66. The 52-week high for the LEU share is $69.50, that puts it down -16.89 from that peak though still a striking 43.64% gain since the share price plummeted to a 52-week low of $33.51. The company’s market capitalization is $968.01M, and the average intraday trading volume over the past 10 days was 0.59 million shares, and the average trade volume was 315.71K shares over the past three months.

Centrus Energy Corp (LEU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. LEU has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.

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Centrus Energy Corp (AMEX:LEU) trade information

Centrus Energy Corp (LEU) registered a 6.56% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 6.56% in intraday trading to $59.46, hitting a weekly high. The stock’s 5-day price performance is -12.33%, and it has moved by 50.91% in 30 days. Based on these gigs, the overall price performance for the year is 12.23%. The short interest in Centrus Energy Corp (AMEX:LEU) is 1.83 million shares and it means that shorts have 5.52 day(s) to cover.

The consensus price target of analysts on Wall Street is $59, which implies a decrease of -0.78% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $48 and $70 respectively. As a result, LEU is trading at a discount of -17.73% off the target high and 19.27% off the low.

Centrus Energy Corp (LEU) estimates and forecasts

Statistics show that Centrus Energy Corp has underperformed its competitors in share price, compared to the industry in which it operates. Centrus Energy Corp (LEU) shares have gone up 36.97% during the last six months, with a year-to-date growth rate less than the industry average at -43.75% against 19.10.

While earnings are projected to return -43.75% in 2024.

LEU Dividends

Centrus Energy Corp is due to release its next quarterly earnings on 2024-Nov-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 5.94%.

Centrus Energy Corp (AMEX:LEU)’s Major holders

Centrus Energy Corp insiders own 11.13% of total outstanding shares while institutional holders control 54.31%, with the float percentage being 61.11%. BLACKROCK INC. is the largest shareholder of the company, while 210.0 institutions own stock in it. As of 2024-06-30, the company held over 1.04 million shares (or 6.5567% of all shares), a total value of $44.58 million in shares.

The next largest institutional holding, with 1.02 million shares, is of MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.’s that is approximately 6.3975% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $43.5 million.