Cameco Corporations in-depth stock price analysis indicates that the stock price has rallied 22.58% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 19.81% . Looking at the past 52 week period, the stock price is down -2.62% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Cameco Corporation has a negative value of -18.46 compared to overall market performance. Stocks of Cameco Corporation (NYSE:CCJ) rallied by 4.31% during the past week but lost 16.25% on a 4-week basis. The company has outperformed the S&P 500 by 3.47% in the past week but underperformed the index by 17.75% in the last 4 weeks.
Cameco Corporation (NYSE:CCJ) : On Friday heightened volatility was witnessed in Cameco Corporation (NYSE:CCJ) which led to swings in the share price. The stock opened for trading at $10.9 and hit $11.33 on the upside , eventually ending the session at $11.13, with a gain of 2.68% or 0.29 points. The heightened volatility saw the trading volume jump to 4,136,647 shares. The 52-week high of the share price is $13.59 and the company has a market cap of $4,405 million. The 52-week low of the share price is at $7.41 .
Cameco Corporation (USA) Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.27. Analyst had a consensus of $-0.04. The company had revenue of $887.00 million for the quarter, compared to analysts expectations of $805.36 million. The companys revenue was down -9.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.38 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cameco Corporation (USA) was Downgraded by RBC Capital Mkts to Sector Perform on Feb 2, 2017. 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.