Yellow Cake (LON:YCA) Hits New 52-Week Low – Time to Sell?

Yellow Cake plc (LON:YCAGet Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 425 ($5.40) and last traded at GBX 425.20 ($5.40), with a volume of 1074426 shares. The stock had previously closed at GBX 440.20 ($5.59).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 712 ($9.05) price objective on shares of Yellow Cake in a research note on Tuesday, January 28th.

Get Our Latest Stock Analysis on Yellow Cake

Yellow Cake Price Performance

The stock has a market capitalization of £930.12 million, a price-to-earnings ratio of 1.61 and a beta of 0.27. The firm has a 50 day simple moving average of GBX 489.09 and a 200-day simple moving average of GBX 524.21.

About Yellow Cake

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Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.

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