Yellow Cake (LON:YCA) Hits New 12-Month Low – Time to Sell?

Yellow Cake plc (LON:YCA)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 461.80 ($5.75) and last traded at GBX 464.20 ($5.78), with a volume of 2041919 shares. The stock had previously closed at GBX 475 ($5.91).

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 712 ($8.86) price target on shares of Yellow Cake in a report on Tuesday.

Yellow Cake Stock Down 0.0 %

The company’s 50 day moving average price is GBX 519.11 and its two-hundred day moving average price is GBX 533.75. The firm has a market cap of £1.07 billion, a PE ratio of 189.41 and a beta of 0.27.

About Yellow Cake

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.