Cameco Co. (TSE:CCO) Senior Officer Brian Arthur Reilly Sells 14,062 Shares of Stock

Cameco Co. (TSE:CCO) (NYSE:CCJ) Senior Officer Brian Arthur Reilly sold 14,062 shares of Cameco stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$79.98, for a total value of C$1,124,678.76.

Cameco Stock Up 2.4 %

Shares of TSE:CCO opened at C$80.22 on Wednesday. The firm has a market cap of C$34.91 billion, a P/E ratio of 136.44, a PEG ratio of 2.22 and a beta of 0.90. Cameco Co. has a 52-week low of C$48.71 and a 52-week high of C$81.12. The business’s 50 day simple moving average is C$67.13 and its two-hundred day simple moving average is C$66.22. The company has a debt-to-equity ratio of 25.39, a quick ratio of 3.74 and a current ratio of 3.22.

Cameco Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CCO shares. National Bankshares boosted their price target on shares of Cameco from C$85.00 to C$87.00 in a research report on Friday, November 8th. Janney Montgomery Scott raised shares of Cameco to a “strong-buy” rating in a research report on Friday, October 4th. Canaccord Genuity Group increased their price target on Cameco from C$75.00 to C$78.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. Cantor Fitzgerald raised Cameco from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 31st. Finally, National Bank Financial raised Cameco to a “strong-buy” rating in a research note on Tuesday, September 3rd. Seven equities research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat, Cameco has an average rating of “Buy” and an average price target 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.