Insider Selling: Cameco Co. (TSE:CCO) Senior Officer Sells 1,500 Shares of Stock

Cameco Co. (TSE:CCO) (NYSE:CCJ) Senior Officer Lisa Lorene Aitken sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of C$81.17, for a total value of C$121,755.00.

Lisa Lorene Aitken also recently made the following trade(s):

• On Friday, November 15th, Lisa Lorene Aitken sold 2,000 shares of Cameco stock. The shares were sold at an average price of C$75.19, for a total value of C$150,380.00.

Cameco Stock Up 1.5 %

Shares of TSE:CCO traded up C$1.22 on Tuesday, reaching C$82.45. The company had a trading volume of 878,916 shares, compared to its average volume of 1,263,003. The firm has a market capitalization of C$35.88 billion, a PE ratio of 137.68, a PEG ratio of 2.22 and a beta of 0.90. The company has a current ratio of 3.22, a quick ratio of 3.74 and a debt-to-equity ratio of 25.39. Cameco Co. has a 52-week low of C$48.71 and a 52-week high of C$85.18. The firm’s 50 day simple moving average is C$70.23 and its 200-day simple moving average is C$66.77.

Cameco Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. National Bank Financial upgraded Cameco to a “strong-buy” rating in a research report on Tuesday, September 3rd. Canaccord Genuity Group lifted their price objective on shares of Cameco from C$75.00 to C$78.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. Scotiabank upped their target price on shares of Cameco from C$80.00 to C$86.00 in a research note on Tuesday, November 19th. National Bankshares lifted their price target on shares of Cameco from C$85.00 to C$87.00 in a research note on Friday, November 8th. Finally, Janney Montgomery Scott upgraded Cameco to a “strong-buy” rating in a report on Friday, October 4th. Seven analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$84.30.

About Cameco

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.