enCore Energy Corp (NASDAQ:EU) has a beta value of 1.59 and has seen 1.82 million shares traded in the last trading session. The company, currently valued at $519.67M, closed the last trade at $2.79 per share which meant it gained $0.11 on the day or 4.10% during that session. The EU stock price is -61.29% off its 52-week high price of $4.50 and 63.8% above the 52-week low of $1.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.79 million shares traded. The 3-month trading volume is 2.72 million shares.
The consensus among analysts is that enCore Energy Corp (EU) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
enCore Energy Corp (NASDAQ:EU) trade information
Sporting 4.10% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the EU stock price touched $2.79 or saw a rise of 3.12%. Year-to-date, enCore Energy Corp shares have moved -36.59%, while the 5-day performance has seen it change -3.46%. Over the past 30 days, the shares of enCore Energy Corp (NASDAQ:EU) have changed 32.23%. Short interest in the company has seen 14.22 million shares shorted with days to cover at 5.37.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 60.14% from current levels. The projected low price target is $7.0 while the price target rests at a high of $7.0. In that case, then, we find that the current price level is -150.9% off the targeted high while a plunge would see the stock gain -150.9% from current levels.
enCore Energy Corp (EU) estimates and forecasts
The company’s shares have lost -20.06% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -70.82% over the past 5 years.
EU Dividends
enCore Energy Corp is expected to release its next earnings report on 2025-May-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
enCore Energy Corp (NASDAQ:EU)’s Major holders
Insiders own 2.44% of the company shares, while shares held by institutions stand at 51.91% with a share float percentage of 53.21%. Investors are also buoyed by the number of investors in a company, with enCore Energy Corp having a total of 175.0 institutions that hold shares in the company. The top two institutional holders are MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with over 12.17 million shares worth more than $47.75 million. As of 2024-06-30, MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. held 6.8209% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 10.36 million shares as of 2024-06-30. The firm’s total holdings are worth over $40.8 million and represent 5.8064% of shares outstanding.
