Cameco Co. (TSE:CCO) Senior Officer Lisa Lorene Aitken Sells 2,000 Shares

Cameco Co. (TSE:CCO) (NYSE:CCJ) Senior Officer Lisa Lorene Aitken sold 2,000 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$75.19, for a total transaction of C$150,380.00.

Cameco Trading Up 0.4 %

TSE CCO opened at C$80.57 on Thursday. The company has a market cap of C$35.06 billion, a price-to-earnings ratio of 136.56, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. Cameco Co. has a twelve month low of C$48.71 and a twelve month high of C$83.00. The company has a quick ratio of 3.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.39. The business’s fifty day moving average is C$68.26 and its 200 day moving average is C$66.41.

Cameco Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th will be given a $0.16 dividend. This is a boost from Cameco’s previous annual dividend of $0.12. This represents a yield of 0.22%. The ex-dividend date is Wednesday, November 27th. Cameco’s dividend payout ratio is 20.34%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Eight Capital upped their price objective on Cameco from C$80.00 to C$90.00 in a research note on Friday, November 8th. Janney Montgomery Scott upgraded shares of Cameco to a “strong-buy” rating in a research report on Friday, October 4th. National Bank Financial raised Cameco to a “strong-buy” rating in a research report on Tuesday, September 3rd. National Bankshares lifted their price target on Cameco from C$85.00 to C$87.00 in a report on Friday, November 8th. Finally, Cantor Fitzgerald upgraded 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$82.00.

Cameco Company Profile

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.