Centrus Energy (NYSE:LEU) Shares Gap Up to $47.35

Centrus Energy Corp. (NYSE:LEUGet Rating) gapped up before the market opened on Tuesday . The stock had previously closed at $47.35, but opened at $49.71. Centrus Energy shares last traded at $47.99, with a volume of 8,535 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have issued reports on LEU shares. StockNews.com raised Centrus Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 10th. Roth Capital upgraded shares of Centrus Energy to a “buy” rating and set a $48.00 price target on the stock in a report on Monday, August 8th.

Centrus Energy Stock Performance

The firm has a market capitalization of $705.90 million, a price-to-earnings ratio of 4.27 and a beta of 2.12. The business has a fifty day moving average price of $36.08.

Centrus Energy (NYSE:LEUGet Rating) last issued its quarterly earnings results on Thursday, August 4th. The company reported $2.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $1.71. The business had revenue of $99.10 million for the quarter, compared to analyst estimates of $66.30 million. Centrus Energy had a net margin of 62.06% and a negative return on equity of 151.11%. On average, equities analysts forecast that Centrus Energy Corp. will post 3.39 EPS for the current year.

Centrus Energy Company Profile

(Get Rating)

Centrus Energy Corp. supplies nuclear fuel and services for the nuclear power industry in the United States, Japan, Belgium, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) component of LEU; SWU and natural uranium components of LEU; and natural uranium for utilities that operate nuclear power plants.

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