Cameco Co. (TSE:CCO - Get Free Report) (NYSE:CCJ) Senior Officer Brian Arthur Reilly sold 14,062 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$79.98, for a total value of C$1,124,678.76.
Cameco Trading Up 2.4 %
Shares of CCO opened at C$80.22 on Wednesday. The business's 50-day moving average price is C$67.13 and its 200-day moving average price is C$66.22. The company has a quick ratio of 3.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.39. Cameco Co. has a twelve month low of C$48.71 and a twelve month high of C$81.12. The stock has a market cap of C$34.91 billion, a PE ratio of 136.44, a P/E/G ratio of 2.22 and a beta of 0.90.
Cameco Increases Dividend
The company also recently announced an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This is a boost from Cameco's previous annual dividend of $0.12. This represents a yield of 0.22%. Cameco's dividend payout ratio is currently 20.34%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. Scotiabank increased their price target on Cameco from C$80.00 to C$86.00 in a research report on Tuesday. Eight Capital raised their price target on shares of Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. National Bank Financial upgraded shares of Cameco to a "strong-buy" rating in a report on Tuesday, September 3rd. Janney Montgomery Scott upgraded Cameco to a "strong-buy" rating in a report on Friday, October 4th. Finally, Cantor Fitzgerald raised shares of Cameco from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 31st. Seven investment analysts have rated the stock with a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of C$82.00.
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About Cameco
(
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Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.
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