Centrus Energy Corp (AMEX: LEU) Stock Jumping 46.34% Over A Month – Any Room For Its Value To Rise?

Centrus Energy Corp (AMEX:LEU)’s traded shares stood at 2.18 million during the latest session, with the company’s beta value hitting 1.38. At the last check today, the stock’s price was $107.78, to imply an increase of 31.74% or $25.97 in intraday trading. The LEU share’s 52-week high remains $118.36, putting it -9.82% down since that peak but still an impressive 68.91% since price per share fell to its 52-week low of $33.51. The company has a valuation of $1.77B, with an average of 0.74 million shares in intraday trading volume over the past 10 days and average of 888.39K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Centrus Energy Corp (LEU), translating to a mean rating of 2.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give LEU a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy.

Centrus Energy Corp (AMEX:LEU) trade information

After registering a 31.74% upside in the latest session, Centrus Energy Corp (LEU) has traded red over the past five days. The 5-day price performance for the stock is 30.96%, and 46.34% over 30 days. With these gigs, the year-to-date price performance is 61.81%. Short interest in Centrus Energy Corp (AMEX:LEU) saw shorts transact 3.48 million shares and set a 5.89 days time to cover.

The extremes give us $58 and $58 for target low and target high price respectively. As such, LEU has been trading 46.19% off suggested target high and 46.19% from its likely low.

Centrus Energy Corp (LEU) estimates and forecasts

Looking at statistics comparing Centrus Energy Corp share performance against respective industry, we note that the company has underperformed competitors. Centrus Energy Corp (LEU) shares are 154.80% up over the last 6 months, with its year-to-date growth rate lower than industry average at -36.69% against 15.00%.

LEU Dividends

Centrus Energy Corp has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 5.94%.

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

Centrus Energy Corp insiders hold 5.56% of total outstanding shares, with institutional holders owning 64.05% of the shares at 67.82% float percentage. In total, 64.05% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 1.04 million shares (or 6.5567% of shares), all amounting to roughly $44.58 million.

The next major institution holding the largest number of shares is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with 1.02 million shares, or about 6.3975% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $43.5 million.

We also have Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Centrus Energy Corp (LEU) shares. Going by data provided on Nov 30, 2024 , Global X Fds-Global X Uranium ETF holds roughly 919.52 shares. This is just over 5.87% of the total shares, with a market valuation of $98.91 million. Data from the same date shows that the other fund manager holds a little less at 421.08, or 2.69% of the shares, all valued at about 45.29 million.