During the last session, enCore Energy Corp (NASDAQ:EU)’s traded shares were 1.49 million, with the beta value of the company hitting 1.34. At the end of the trading day, the stock’s price was $3.65, reflecting an intraday gain of 1.11% or $0.04. The 52-week high for the EU share is $5.05, that puts it down -38.36 from that peak though still a striking 17.26% gain since the share price plummeted to a 52-week low of $3.02. The company’s market capitalization is $676.49M, and the average intraday trading volume over the past 10 days was 1.35 million shares, and the average trade volume was 1.30 million shares over the past three months.
enCore Energy Corp (EU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. EU has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.03.
enCore Energy Corp (NASDAQ:EU) trade information
enCore Energy Corp (EU) registered a 1.11% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.11% in intraday trading to $3.65, hitting a weekly high. The stock’s 5-day price performance is 7.99%, and it has moved by 7.99% in 30 days. Based on these gigs, the overall price performance for the year is -15.90%. The short interest in enCore Energy Corp (NASDAQ:EU) is 7.8 million shares and it means that shorts have 6.71 day(s) to cover.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 47.86% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $7 respectively. As a result, EU is trading at a discount of -91.78% off the target high and -91.78% off the low.
enCore Energy Corp (EU) estimates and forecasts
Statistics show that enCore Energy Corp has underperformed its competitors in share price, compared to the industry in which it operates. enCore Energy Corp (EU) shares have gone down -8.98% during the last six months, with a year-to-date growth rate less than the industry average at -33.33% against 9.60.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 20.09M as predicted by 1 analyst(s).
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -124.91%. While earnings are projected to return -25.00% in 2025.
EU Dividends
enCore Energy Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
enCore Energy Corp (NASDAQ:EU)’s Major holders
enCore Energy Corp insiders own 2.12% of total outstanding shares while institutional holders control 44.62%, with the float percentage being 45.59%.
Also, the Mutual Funds coming in first place with the largest holdings of enCore Energy Corp (EU) shares are Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF . Data provided on Nov 30, 2024 indicates that Global X Fds-Global X Uranium ETF owns about 12.16 shares. This amounts to just over 6.54 percent of the company’s overall shares, with a $44.39 million market value. The same data shows that the other fund manager holds slightly less at 11.47, or about 6.16% of the stock, which is worth about $41.88 million.
