Centrus Energy Corp. SVP Sells Shares

Centrus Energy Corp. (NYSE:LEU) has recently seen one of its senior executives, Larry B. Cutlip, sell a portion of his shares. On February 12th, Cutlip sold 4,000 shares at an average price of $120.31 each, totaling a value of $481,240. Following this transaction, Cutlip now holds 9,402 shares in the company, which are currently valued at approximately $1,131,154.62. Notably, this sale represents a 29.85% reduction in his overall position in the company.

Centrus Energy Stock Overview

As of the latest trading session, shares of Centrus Energy opened at $117.77. The company boasts a market capitalization of $1.93 billion and has a price-to-earnings ratio of 18.55, indicating the value investors are willing to pay for its earnings. With a beta of 1.17, the stock has shown volatility in relation to the market. Furthermore, the company's fifty-day simple moving average stands at $79.04, while the two-hundred-day average is at $67.27. Over the past year, shares of Centrus Energy have fluctuated significantly, with a low of $33.51 and a high of $122.94. The firm currently maintains a current ratio of 1.63, a quick ratio of 1.03, and a debt-to-equity ratio of 1.44, reflecting its financial health.

Activity of Institutional Investors

There has been notable interest from institutional investors regarding Centrus Energy's stock. For instance, Cape Investment Advisory Inc. entered the market with a new position worth approximately $27,000 in the fourth quarter. Similarly, PNC Financial Services Group bolstered its holdings by 77.4%, acquiring 440 shares valued at around $29,000 after purchasing an additional 192 shares. Additionally, several other firms, including Altshuler Shaham Ltd and National Bank of Canada FI, made new investments in Centrus Energy during the same period, signifying a growing interest among large investors in the company's potential. Currently, institutional investors hold approximately 49.96% of the company's shares.

Research Reports and Analyst Ratings

Analysts have expressed varying opinions about Centrus Energy, contributing to its evolving stock profile. B. Riley recently raised their target price from $88.00 to $126.00 while issuing a 'buy' rating for the stock. Conversely, StockNews.com moved Centrus Energy shares to a 'sell' rating. Meanwhile, Roth Mkm lowered their target price from $62.00 to $58.00, assigning a 'neutral' classification. These mixed reviews from analysts highlight the varying perceptions of Centrus Energy's market potential.

About Centrus Energy Corp.

Centrus Energy Corp. specializes in providing components and services related to nuclear fuel within the power industry, both domestically and internationally, including regions such as the United States, Belgium, and Japan. The company operates through two main segments: Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment is responsible for the sale of various uranium products and services to utilities operating nuclear power plants, which are crucial for energy production.

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