Cameco Corporation (NYSE:CCJ) : During the past 4 weeks, traders have been relatively bearish on Cameco Corporation (NYSE:CCJ), hence the stock is down -11.09% 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 -4.52% relative to the S&P 500. The 4-week change in the price of the stock is -9.66% and the stock has fallen -3.29% in the past 1 week.
The company shares have dropped -22.39% from its 1 Year high price. On Aug 12, 2015, the shares registered one year high at $14.79 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $11.31 and the 200 Day Moving Average price is recorded at $11.89.
The stock has recorded a 20-day Moving Average of 4.16% and the 50-Day Moving Average is 7.89%.
Cameco Corporation (NYSE:CCJ): stock turned positive on Friday. Though the stock opened at $10.56, the bulls momentum made the stock top out at $10.68 level for the day. The stock recorded a low of $10.48 and closed the trading day at $10.57, in the green by 1.34%. The total traded volume for the day was 2,073,129. The stock had closed at $10.43 in the previous days trading.
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.