Dale Robert Clark Sells 10,000 Shares of Cameco Co. (TSE:CCO) Stock

Cameco Co. (TSE:CCOGet Free Report) (NYSE:CCJ) Senior Officer Dale Robert Clark sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of C$74.25, for a total transaction of C$742,500.00.

Cameco Price Performance

TSE CCO traded down C$0.39 during mid-day trading on Thursday, hitting C$71.00. The stock had a trading volume of 658,835 shares, compared to its average volume of 1,337,742. Cameco Co. has a twelve month low of C$35.65 and a twelve month high of C$74.99. The stock has a market capitalization of C$30.86 billion, a price-to-earnings ratio of 132.20, a PEG ratio of 2.22 and a beta of 0.93. The company has a debt-to-equity ratio of 27.96, a current ratio of 1.42 and a quick ratio of 3.74. The firm’s 50 day moving average is C$65.04 and its 200 day moving average is C$61.61.

Cameco (TSE:CCOGet Free Report) (NYSE:CCJ) last issued its quarterly earnings data on Tuesday, April 30th. The company reported C$0.13 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.32). Cameco had a return on equity of 3.89% and a net margin of 9.27%. The company had revenue of C$634.00 million during the quarter. Equities research analysts forecast that Cameco Co. will post 1.4894072 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. TD Securities decreased their target price on shares of Cameco from C$82.00 to C$79.00 and set an “action list buy” rating on the stock in a research report on Monday, February 12th. Royal Bank of Canada upped their price objective on shares of Cameco from C$70.00 to C$75.00 and gave the stock an “outperform” rating in a report on Thursday, May 2nd. CIBC upped their price target on shares of Cameco from C$72.00 to C$74.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 17th. Scotiabank boosted their target price on Cameco from C$70.00 to C$71.00 in a research report on Friday, February 9th. Finally, Raymond James upped their price objective on Cameco from C$74.00 to C$80.00 in a research report on Tuesday, April 23rd. Seven research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$75.44.

Get Our Latest Stock Analysis on Cameco

About Cameco

(Get Free Report)

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.

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