Cameco Corporation (CCJ) : During the past 4 weeks, traders have been relatively bearish on Cameco Corporation (CCJ), hence the stock is down -2.62% 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 -1.04% relative to the S&P 500. The 4-week change in the price of the stock is -2.82% and the stock has fallen -1.69% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.62% and the fifty day Moving Average is 9.28%. Cameco Corporation has dropped 20.1% during the last three month period . Year-to-Date the stock performance stands at -23.66%.
Cameco Corporation (CCJ) stock is expected to deviate a maximum of $2.75 from the average target price of $13.33 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $16 and the most muted being $9.
Cameco Corporation (NYSE:CCJ): On Fridays trading session , Opening price of the stock was $9.45 with an intraday high of $9.59. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.275. However, the stock managed to close at $9.29, a loss of 1.38% for the day. On the previous day, the stock had closed at $9.42. The total traded volume of the day was 1,461,481 shares.
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.