Shares of Cameco Corporation (CCJ) saw an erosion of -1.48 points in recent session. During the trading, the value of each share was $11.27, dropping -11.61%. The shares saw high fund-flow as the composite value of all the upticks was $25.9 million and the total value of all the downticks was a mere $15.29 million. The net money flow was seen at $10.6 million and the up/down ratio was measured at 1.69. On a weekly basis the shares of the shares has recorded a change of -13.17%.The block trade which occurred today had $8.18 million in upticks and $0.34 million in downticks with the up/down ratio climbing to 24.29. $7.84 million was the net money flow of the block transaction.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Cameco Corporation has dropped 12.23% in the last five trading days, however, the shares have posted positive gains of 7.64% in the last 4 weeks. Cameco Corporation is up 47.4% in the last 3-month period. Year-to-Date the stock performance stands at 7.64%. Cameco Corporation (NYSE:CCJ) witnessed a decline in the market cap on Wednesday as its shares dropped 11.61% or 1.48 points. After the session commenced at $11.42, the stock reached the higher end at $11.42 while it hit a low of $11.02. With the volume soaring to 9,550,861 shares, the last trade was called at $11.27. The company has a 52-week high of $13.59. The company has a market cap of $4,461 million and there are 395,792,520 shares in outstanding. The 52-week low of the share price is $7.41.
Cameco Corporation (USA) Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.25. The company had revenue of $670.00 million for the quarter, compared to analysts expectations of $639.16 million. The companys revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cameco Corporation (USA) was Upgraded by BofA/Merrill to Neutral on Jan 12, 2017.
Cameco Corporation is the worlds largest publicly traded uranium company and a growing gold producer. Its uranium products are used to generate electricity in nuclear power plants around the world, providing one of the cleanest sources of energy available today.