Stock To Watch: Cameco Corporation (NYSE:CCJ)


The leading market experts have placed a mean price target of $15.04 on Cameco Corporation (NYSE:CCJ) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.31 a share for the upcoming quarter and $0.99 for the current fiscal. Technical View The technical analysis of Cameco Corporation Common Stock plainly substantiates that the 50-day moving average of Cameco Corporation Common Stock is $11.74, and stock is hovering -0.55 or -4.67% distant from $11.74. It is noted that the 200-day MA is $12.00, and Cameco Corporation Common Stock stock is $-0.81 or -6.72% off from this point. Cameco Corporation (NYSE:CCJ) 52-week high is $15.24 and the 52-week low is $10.31. This explains if the stock moves $-4.05, it will post a 52-week high. In event of $+8.54% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Cameco Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Cameco Corporation (NYSE:CCJ) ratio came in at 37.68. The stock last ended the trading session at $11.19 and registered a market cap of $4.43B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Cameco Corporation (NYSE:CCJ) PEG ratio is at 0.56.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 6 times, 1 visits today)