- CCJ has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $27.2 million.
- CCJ has traded 531,934 shares today.
- CCJ is trading at 3.70 times the normal volume for the stock at this time of day.
- CCJ is trading at a new low 4.02% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in CCJ with the Ticky from Trade-Ideas. See the FREE profile for CCJ NOW at Trade-Ideas More details on CCJ: Cameco Corporation produces and sells uranium worldwide. The company operates through Uranium, Fuel Services, and NUKEM segments. The Uranium segment is involved in the exploration for, mining, and milling of uranium concentrates. The stock currently has a dividend yield of 1.9%. CCJ has a PE ratio of 191. Currently there are 5 analysts that rate Cameco a buy, no analysts rate it a sell, and 3 rate it a hold. The average volume for Cameco has been 1.8 million shares per day over the past 30 days. Cameco has a market cap of $6.8 billion and is part of the basic materials sector and metals & mining industry. Shares are up 4.1% year-to-date as of the close of trading on Monday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Cameco as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. 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. Highlights from the ratings report include:
- The revenue growth greatly exceeded the industry average of 38.3%. Since the same quarter one year prior, revenues rose by 35.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- CCJ's debt-to-equity ratio is very low at 0.27 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.35, which illustrates the ability to avoid short-term cash problems.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, CAMECO CORP's return on equity significantly trails that of both the industry average and the S&P 500.
- The gross profit margin for CAMECO CORP is currently lower than what is desirable, coming in at 33.48%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -1.57% trails that of the industry average.
- You can view the full Cameco Ratings Report.
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