Energy Fuels (TSE:EFR) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$8.78 and traded as low as C$7.52. Energy Fuels shares last traded at C$8.18, with a volume of 505,610 shares.

Energy Fuels Trading Up 10.7 %

The company has a current ratio of 28.28, a quick ratio of 19.23 and a debt-to-equity ratio of 0.32. The company has a market cap of C$1.60 billion, a price-to-earnings ratio of -68.17 and a beta of 1.54. The firm has a 50-day moving average price of C$8.78 and a 200 day moving average price of C$7.90.

Insiders Place Their Bets

In other news, Director Dennis Higgs sold 18,615 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$10.13, for a total transaction of C$188,488.79. Also, Director Alexander Morrison sold 17,500 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of C$8.17, for a total value of C$143,035.39. 2.03% of the stock is currently owned by corporate insiders.

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.