NEW YORK ( TheStreet) -- Cameco (NYSE: CCJ) hit a new 52-week low Monday as it is currently trading at $17.43, below its previous 52-week low of $17.46 with 1.4 million shares traded as of 1:16 p.m. ET. Average volume has been 2.4 million shares over the past 30 days.

Cameco has a market cap of $7.3 billion and is part of the basic materials sector and metals & mining industry. Shares are down 54.6% year to date as of the close of trading on Friday.

Cameco Corporation operates as a uranium producer, supplier of conversion services, and fuel manufacturer. The company's Uranium segment involves in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The company has a P/E ratio of 15.8, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your CCJ trading strategies and win cash in our stock game.

TheStreet Ratings rates Cameco as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full Cameco Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.
null

If you liked this article you might like

Applied Materials, KLA-Tencor, LAM Research: 'Mad Money' Lightning Round

When Very Predictable Is Highly Profitable: Cramer's 'Mad Money' Recap (Wednesday 3/15/17)

The Fed's Dilemma Is Quite Obvious

The Commodity Crash You Haven't Heard Of: How and Why the Uranium Market Melted Down

Must-Know Tricks On Trading Goldman Sachs, Ford and Other Very Active Stocks