Cameco Corporation (CCJ) : During the past 4 weeks, traders have been relatively bearish on Cameco Corporation (CCJ), hence the stock is down -7.46% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.33% relative to the S&P 500. The 4-week change in the price of the stock is -7.96% and the stock has fallen -3.17% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.28% and the 50-Day Moving Average is 7.81%.The 200 Day SMA reached 22.38%
Cameco Corporation (NYSE:CCJ): The stock opened in the green at $8.74 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $8.82 and a low of $8.55 for the day. The stock did not find buyers even at the lows and closed at $8.56 recording a loss of -1.38%. 1,974,639 shares exchanged hands during the trading day. The stock had closed at $8.56 in the previous days trading.
Cameco Corporation (CCJ) : 5 Wall Street analysts covering Cameco Corporation (CCJ) believe that the average level the stock could reach for the short term is $13.33. The maximum price target given is $16 and the minimum target for short term is around $9, hence the standard deviation is calculated at $2.75.
Cameco Corporation (Cameco) is engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: Uranium, fuel services and NUKEM. The uranium segment involves the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment involves the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The NUKEM segment acts as a market intermediary between uranium producers and nuclear-electric utilities. Cameco conducts a portion of its exploration, development, mining and milling activities through joint operations located around the world. Camecos Canadian uranium joint operation interests are McArthur River, Key Lake and Cigar Lake.