Don't Take a Position in Cameco Stocks Without Knowing Its Fundamentals!

By Blake Campbell • Tuesday, July 15 09:57 • Permanent Link

Cameco logged a -1.5% change during today's morning session, and is now trading at a price of $73.96 per share. The S&P 500 index moved 0.0%. CCJ's trading volume is 1,024,586 compared to the stock's average volume of 5,306,171.

Cameco trades 5.14% away from its average analyst target price of $70.34 per share. The 7 analysts following the stock have set target prices ranging from $56.826878 to $79.75443, and on average have given Cameco a rating of buy.

Anyone interested in buying CCJ should be aware of the facts below:

Cameco has moved 46.3% over the last year, and the S&P 500 logged a change of 10.6%
Based on its trailing earnings per share of 0.41, Cameco has a trailing 12 month Price to Earnings (P/E) ratio of 180.4 while the S&P 500 average is 29.3
CCJ has a forward P/E ratio of 62.7 based on its forward 12 month price to earnings (EPS) of $1.18 per share
Its Price to Book (P/B) ratio is 4.96 compared to its sector average of 2.31
Cameco Corporation provides uranium for the generation of electricity.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.