Fission Uranium (OTCMKTS:FCUUF) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Fission Uranium Corp. (OTCMKTS:FCUUF)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.57 and traded as low as $0.50. Fission Uranium shares last traded at $0.50, with a volume of 276,503 shares changing hands.

Analyst Ratings Changes

A number of research firms have recently issued reports on FCUUF. HC Wainwright lifted their price objective on shares of Fission Uranium from $1.90 to $2.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Canaccord Genuity Group downgraded shares of Fission Uranium from a “moderate buy” rating to a “hold” rating in a research note on Thursday, December 19th.

Fission Uranium Stock Down 1.2 %

The firm has a market cap of $433.08 million, a price-to-earnings ratio of -50.43 and a beta of 2.24. The company has a 50 day moving average of $0.57 and a 200 day moving average of $0.70.

Fission Uranium Company Profile

Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its flagship property is the 100% owned Patterson Lake South property with 17 contiguous mineral claims covering an area of 31,039 ha located in the Athabasca Basin region of Saskatchewan, Canada.