Centrus Energy (NYSE:LEU) Upgraded by StockNews.com to “Hold”

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

Other equities research analysts also recently issued reports about the stock. TheStreet raised shares of Centrus Energy from a d- rating to a c rating in a report on Friday, February 9th. B. Riley reaffirmed a buy rating and issued a $72.00 price objective on shares of Centrus Energy in a report on Tuesday, February 13th.

Centrus Energy Stock Performance

Shares of NYSE:LEU traded down $0.02 during mid-day trading on Tuesday, reaching $45.05. The company had a trading volume of 192,179 shares, compared to its average volume of 190,386. The company has a current ratio of 1.45, a quick ratio of 0.80 and a debt-to-equity ratio of 4.73. The firm has a market cap of $706.38 million, a price-to-earnings ratio of 8.34 and a beta of 1.36. The company’s 50-day moving average price is $41.71 and its 200-day moving average price is $47.80. Centrus Energy has a one year low of $24.88 and a one year high of $61.35.

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

Insider Transactions at Centrus Energy

In other Centrus Energy news, SVP John M. A. Donelson sold 16,073 shares of the firm’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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 6.40% of the company’s stock.

Institutional Trading of Centrus Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Spire Wealth Management bought a new stake in shares of Centrus Energy during the 3rd quarter worth $29,000. Arizona State Retirement System bought a new position in shares of Centrus Energy during the 3rd quarter valued at about $203,000. Heritage Investors Management Corp purchased a new position in shares of Centrus Energy during the 3rd quarter valued at about $210,000. Corton Capital Inc. bought a new stake in Centrus Energy in the 3rd quarter worth approximately $232,000. Finally, Weil Company Inc. purchased a new stake in Centrus Energy in the third quarter worth approximately $247,000. Hedge funds and other institutional investors own 49.96% of the company’s stock.

About Centrus Energy

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.