Centrus Energy (NYSE:LEU) Shares Gap Up to $41.45

Centrus Energy Corp. (NYSE:LEU) shares gapped up before the market opened on Friday . The stock had previously closed at $41.45, but opened at $42.48. Centrus Energy shares last traded at $44.12, with a volume of 67,425 shares traded.

Analyst Ratings Changes

LEU has been the topic of several analyst reports. Roth Mkm reduced their target price on Centrus Energy from $62.00 to $55.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. StockNews.com raised Centrus Energy to a “sell” rating in a report on Wednesday, August 7th.

Centrus Energy Trading Up 3.5 %

The company has a current ratio of 1.52, a quick ratio of 1.02 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $672.66 million, a P/E ratio of 9.70 and a beta of 1.31. The firm has a 50-day moving average of $40.16 and a two-hundred day moving average of $42.13.

Centrus Energy (NYSE:LEU) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $0.77 by $1.12. Centrus Energy had a return on equity of 299.92% and a net margin of 22.96%. The business had revenue of $189.00 million during the quarter, compared to the consensus estimate of $82.70 million. On average, analysts anticipate that Centrus Energy Corp. will post 3.06 EPS for the current year.

Institutional Trading of Centrus Energy

Several institutional investors and hedge funds have recently modified their holdings of LEU. Heartland Advisors Inc. bought a new position in Centrus Energy in the first quarter valued at about $2,076,000. Price T Rowe Associates Inc. MD raised its position in Centrus Energy by 15.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 338,250 shares of the company’s stock valued at $14,048,000 after purchasing an additional 46,254 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Centrus Energy by 1.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 99,571 shares of the company’s stock valued at $5,418,000 after purchasing an additional 1,133 shares during the last quarter. Vanguard Group Inc. raised its position in Centrus Energy by 2.3% in the first quarter. Vanguard Group Inc. now owns 766,064 shares of the company’s stock valued at $31,815,000 after purchasing an additional 17,033 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in Centrus Energy by 207.3% in the first quarter. BNP Paribas Financial Markets now owns 10,090 shares of the company’s stock valued at $419,000 after purchasing an additional 6,807 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors.

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.