Energy Fuels (TSE:EFR) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$5.97 and traded as high as C$7.07. Energy Fuels shares last traded at C$6.83, with a volume of 1,325,206 shares changing hands.

Analysts Set New Price Targets

Separately, Roth Capital raised shares of Energy Fuels from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th.

Energy Fuels Stock Up 10.7 %

The business’s 50 day simple moving average is C$5.97 and its 200-day simple moving average is C$7.54. The company has a debt-to-equity ratio of 0.31, a quick ratio of 19.23 and a current ratio of 18.01. The company has a market cap of C$950.80 million, a price-to-earnings ratio of -22.68 and a beta of 1.54.

Insider Activity at Energy Fuels

In other Energy Fuels news, Director Bruce Douglas Hansen purchased 6,000 shares of the business’s stock in a transaction dated Wednesday, March 19th. The shares were acquired at an average price of C$6.08 per share, for a total transaction of C$36,458.99. Also, Senior Officer Daniel Kapostasy sold 12,350 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$5.90, for a total transaction of C$72,914.40. Insiders own 2.03% of the company’s stock.

About Energy Fuels

Energy Fuels is the largest uranium producer in the U.S. and holds more production capacity and uranium resources than any other U.S. producer. The Company also produces vanadium. Headquartered in Colorado Energy Fuels holds three of Americas key uranium production centers: the White Mesa Mill in Utah the Nichols Ranch ISR Facility in Wyoming and the Alta Mesa ISR Facility in Texas.