Cameco Co. (TSE:CCO - Get Free Report) (NYSE:CCJ) Senior Officer Sean Anthony Quinn sold 13,400 shares of the firm's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$83.63, for a total transaction of C$1,120,642.00.
Cameco Trading Down 0.9 %
Shares of TSE:CCO traded down C$0.74 during trading on Friday, reaching C$84.34. 259,398 shares of the stock were exchanged, compared to its average volume of 1,254,929. Cameco Co. has a 12-month low of C$48.71 and a 12-month high of C$85.18. The firm's 50-day moving average price is C$68.93 and its 200 day moving average price is C$66.53. The company has a debt-to-equity ratio of 25.39, a quick ratio of 3.74 and a current ratio of 3.22. The firm has a market cap of C$36.70 billion, a price-to-earnings ratio of 144.20, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90.
Cameco Increases Dividend
The firm also recently announced an annual dividend, which will be paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th will be paid a $0.16 dividend. This represents a dividend yield of 0.22%. The ex-dividend date of this dividend is Wednesday, November 27th. This is an increase from Cameco's previous annual dividend of $0.12. Cameco's dividend payout ratio (DPR) is currently 20.34%.
Analyst Ratings Changes
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A number of brokerages recently issued reports on CCO. Cantor Fitzgerald upgraded shares of Cameco from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 31st. Scotiabank raised their price objective on Cameco from C$80.00 to C$86.00 in a report on Tuesday. BMO Capital Markets lifted their price objective on Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. National Bank Financial upgraded Cameco to a "strong-buy" rating in a research report on Tuesday, September 3rd. Finally, Janney Montgomery Scott upgraded Cameco to a "strong-buy" rating in a report on Friday, October 4th. Seven investment analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of C$83.50.
Read Our Latest Stock Report on CCO
Cameco Company Profile
(
Get Free Report)
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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