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

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

Several other analysts also recently commented on the stock. B. Riley restated a buy rating and set a $72.00 price objective on shares of Centrus Energy in a research report on Tuesday, February 13th. TheStreet upgraded shares of Centrus Energy from a d- rating to a c rating in a research report on Friday, February 9th.

Centrus Energy Trading Down 0.1 %

Shares of Centrus Energy stock opened at $42.93 on Tuesday. The company’s fifty day simple moving average is $41.56 and its 200-day simple moving average is $47.91. The stock has a market capitalization of $673.14 million, a PE ratio of 7.95 and a beta of 1.39. Centrus Energy has a 1-year low of $24.88 and a 1-year high of $61.35. The company has a debt-to-equity ratio of 4.73, a current ratio of 1.45 and a quick ratio of 0.80.

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

Insider Buying and Selling at Centrus Energy

In other Centrus Energy news, SVP John M. A. Donelson sold 16,073 shares of Centrus Energy 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 SEC, which can be accessed through this link. 6.40% of the stock is currently owned by insiders.

Institutional Trading of Centrus Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. increased its holdings in Centrus Energy by 6.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 761,229 shares of the company’s stock valued at $41,418,000 after acquiring an additional 47,789 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Centrus Energy by 189.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 98,438 shares of the company’s stock worth $5,587,000 after buying an additional 64,421 shares during the last quarter. MRP Capital Investments LLC increased its holdings in shares of Centrus Energy by 141.1% in the 3rd quarter. MRP Capital Investments LLC now owns 42,820 shares of the company’s stock worth $2,430,000 after buying an additional 25,060 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Centrus Energy in the 3rd quarter worth about $2,448,000. Finally, Swiss National Bank increased its holdings in shares of Centrus Energy by 7.0% in the 3rd quarter. Swiss National Bank now owns 27,600 shares of the company’s stock worth $1,567,000 after buying an additional 1,800 shares during the last quarter. 49.96% of the stock is currently owned by institutional investors.

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.