In the latest trading session, 0.99 million enCore Energy Corp (NASDAQ:EU) shares changed hands as the company’s beta touched 1.35. With the company’s most recent per share price at $3.59 changed hands at -$0.15 or -4.14% at last look, the market valuation stands at $664.44M. EU’s current price is a discount, trading about -40.67% off its 52-week high of $5.05. The share price had its 52-week low at $3.02, which suggests the last value was 15.88% up since then. When we look at enCore Energy Corp’s average trading volume, we note the 10-day average is 1.02 million shares, with the 3-month average coming to 1.19 million.
Analysts gave the enCore Energy Corp (EU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended EU as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. enCore Energy Corp’s EPS for the current quarter is expected to be -0.03.
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enCore Energy Corp (NASDAQ:EU) trade information
Instantly EU was in red as seen in intraday trades today. With action -4.91%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -8.78%, with the 5-day performance at -4.91% in the red. However, in the 30-day time frame, enCore Energy Corp (NASDAQ:EU) is -5.66% down. Looking at the short shares, we see there were 7.8 million shares sold at short interest cover period of 6.71 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 48.71% from its recent market value. According to analyst projections, EU’s forecast low is 7 with 7 as the target high. To hit the forecast high, the stock’s price needs a -94.99% plunge from its current level, while the stock would need to soar -94.99% for it to hit the projected low.
enCore Energy Corp (EU) estimates and forecasts
Data shows that the enCore Energy Corp share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -19.98% over the past 6 months, a -33.33% in annual growth rate that is considerably lower than the industry average of 10.20%.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 20.09M.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -124.91%. The 2024 estimates are for enCore Energy Corp earnings to decrease by -25.00%.
EU Dividends
enCore Energy Corp is expected to release its next quarterly earnings report in January.
enCore Energy Corp (NASDAQ:EU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.12% of enCore Energy Corp shares while 44.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 45.59%.
Among Mutual Funds, the top two as of Sep 30, 2024 were Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. With 11.81 shares estimated at $42.97 million under it, the former controlled 6.34% of total outstanding shares. On the other hand, Sprott Uranium Miners ETF held about 5.17% of the shares, roughly 9.61 shares worth around $34.99 million.
