Energy Fuels (TSE:EFR) Shares Cross Below 50 Day Moving Average – Should You Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$8.70 and traded as low as C$7.38. Energy Fuels shares last traded at C$7.54, with a volume of 349,480 shares traded.

Energy Fuels Stock Down 0.4 %

The company’s fifty day simple moving average is C$8.68 and its 200 day simple moving average is C$7.88. The firm has a market capitalization of C$1.45 billion, a P/E ratio of -61.58 and a beta of 1.54. The company has a current ratio of 28.28, a quick ratio of 19.23 and a debt-to-equity ratio of 0.32.

Insider Buying and Selling

In other news, Director Alexander Morrison sold 17,500 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of C$8.17, for a total value of C$143,035.39. Also, Director James Birks Bovaird sold 10,000 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of C$7.85, for a total transaction of C$78,500.00. Insiders sold a total of 46,115 shares of company stock valued at $410,024 over the last three months. Corporate insiders own 2.03% of the company’s stock.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.