The fund owned 21,195 shares of the basic materials company's stock at the end of the second quarter.
Diverting focus on other technical analysis indicators that are on noticeable point, the 52-week range indicator provide a potential profit target, you will see either buying or selling pressure around this key area as it translates to a company's ability to turn a profit on a year-over-year basis. Co acquired a new stake in Cameco Corporation during the first quarter worth $113,000. Gulf International Bank UK Ltd now owns 119,035 shares of the basic materials company's stock valued at $1,315,000 after buying an additional 2,800 shares during the period. Scheer Rowlett & Associates Investment Management Ltd acquired 713,620 shares as Cameco Corp. Confluence Investment Management LLC now owns 17,254 shares of the basic materials company's stock valued at $191,000 after buying an additional 4,915 shares during the period. Global X Management raised its position in Cameco Corporation by 111.9% in the Q1. Sowell Financial Services LLC raised its stake in shares of Cameco Corporation by 104.2% in the first quarter. Somerset Trust Company sold 6,089 shares as the company's stock declined 14.80% while stock markets rallied.
Shares of Cameco Corporation (CCJ) opened at 10.15 on Thursday.
Himanshu H. Shah increased its stake in Cameco Corp (CCJ) by 196.36% based on its latest 2016Q4 regulatory filing with the SEC. The company's market cap is $3.82 billion. The company has a 50-day moving average price of $9.63 and a 200-day moving average price of $10.49.
Cameco Corp (NYSE:CCJ) has grabbed attention from the analysts, when it saw a value decrease of -4.83% or -0.49 points in the last trading session to close at $9.66. The company reported ($0.11) earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.03, RTT News reports. Cameco Corp had a negative return on equity of 1.38% and a negative net margin of 4.61%. The firm had revenue of $470 million during the quarter, compared to analysts' expectations of $383.81 million. During the same quarter previous year, the firm earned ($0.14) earnings per share. The business's revenue was up.9% compared to the same quarter a year ago. On average, equities research analysts predict that Cameco Corp will post $0.32 EPS for the current year.More news: Global markets pressured by North Korea fears
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The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be issued a $0.0799 dividend. This is a boost from Cameco Corporation's previous quarterly dividend of $0.07. The ex-dividend date is Thursday, September 28th. This represents a $0.32 annualized dividend and a yield of 3.15%. Cameco Corporation's dividend payout ratio is now -999.67%.
WARNING: This piece was first reported by Markets Daily and is owned by of Markets Daily. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & global trademark and copyright laws. Cowen & Co maintained the shares of CCJ in report on Thursday, August 6 with "Market Perform" rating. Bank of America downgraded the stock to "Neutral" rating in Thursday, July 21 report. BidaskClub lowered Cameco Corporation from a "sell" rating to a "strong sell" rating in a research report on Saturday, June 17th. Finally, BMO Capital Markets reiterated an "outperform" rating and set a C$18.00 target price on shares of Cameco Corp in a research report on Monday, May 1st. Royal Bank Of Canada assumed coverage on stocks of Cameco Corporation in a study note published on early Thur, Jun 29th. Scotia Capital downgraded Cameco Corp (USA) (NYSE:CCJ) on Thursday, April 7 to "Sector Perform" rating.
Other analysts have also recently issued reports about the stock. The company presently has a consensus rating of "Hold" and an average price target of $13.81.
At the present time, shares of Cameco Corporation (CCJ) are worth at $9.66.