Centrus Energy (NYSE:LEU) Upgraded at StockNews.com

StockNews.com upgraded shares of Centrus Energy (NYSE:LEU) from a sell rating to a hold rating in a research report released on Tuesday morning.

A number of other research analysts have also commented on the company. TheStreet upgraded Centrus Energy from a d- rating to a c rating in a research report on Friday, February 9th. B. Riley reissued a buy rating and set a $72.00 price objective on shares of Centrus Energy in a report on Tuesday, February 13th.

Centrus Energy Price Performance

Shares of LEU traded down $0.02 on Tuesday, hitting $45.05. The company’s stock had a trading volume of 192,179 shares, compared to its average volume of 190,386. The company has a 50 day moving average price of $41.71 and a 200 day moving average price of $47.80. Centrus Energy has a fifty-two week low of $24.88 and a fifty-two week high of $61.35. The company has a market capitalization of $706.38 million, a PE ratio of 8.34 and a beta of 1.36. The company has a debt-to-equity ratio of 4.73, a current ratio of 1.45 and a quick ratio of 0.80.

Centrus Energy (NYSE:LEU) last announced its earnings results on Thursday, February 8th. The company reported $3.58 EPS for the quarter, topping the consensus estimate of $0.78 by $2.80. Centrus Energy had a negative return on equity of 491.41% and a net margin of 26.36%. The company had revenue of $103.60 million for the quarter, compared to analysts’ expectations of $61.05 million. On average, research analysts anticipate that Centrus Energy will post 2.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP John M. A. Donelson sold 16,073 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $40.24, for a total value of $646,777.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Centrus Energy

Large investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in shares of Centrus Energy during the 3rd quarter worth about $320,000. Raymond James & Associates bought a new stake in shares of Centrus Energy during the 3rd quarter worth approximately $270,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Centrus Energy by 13.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 713,440 shares of the company’s stock valued at $40,495,000 after buying an additional 86,212 shares during the last quarter. Diamond Hill Capital Management Inc. grew its stake in shares of Centrus Energy by 1.0% in the third quarter. Diamond Hill Capital Management Inc. now owns 84,870 shares of the company’s stock valued at $4,817,000 after buying an additional 811 shares in the last quarter. Finally, MRP Capital Investments LLC increased its holdings in Centrus Energy by 141.1% during the third quarter. MRP Capital Investments LLC now owns 42,820 shares of the company’s stock worth $2,430,000 after buying an additional 25,060 shares during the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.