Cameco Corporation (NYSE:CCJ): Stochastic Analysis


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Cameco Corporation (NYSE:CCJ) for the period of 9-Day stands at 31.73% while the stochastic %D for the same period stands at 29.69%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Cameco Corporation (NYSE:CCJ) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Cameco Corporation (NYSE:CCJ) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Cameco Corporation (NYSE:CCJ)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Cameco Corporation is one of the world’s largest uranium producers, a significant supplier of conversion services and one of two CANDU fuel manufacturers in Canada. Their competitive position is based on their controlling ownership of the world’s largest high-grade reserves and low-cost operations. Their uranium products are used to generate clean electricity in nuclear power plants around the world. They also explore for uranium in the Americas, Australia and Asia. Their shares trade on the Toronto and New York stock exchanges. Their head office is in Saskatoon, Saskatchewan.

Previous Day Activity Analysis

On the last trading day, Cameco Corporation (NYSE:CCJ) opened the session at $9.04 and after going up 1.67% closed at $9.15. The stock gained 0.11 points in the last trade.

Cameco Corporation (NYSE:CCJ)’s stock fluctuated in the range of $8.95 and $9.20 during the previous active session. Cameco Corporation (NYSE:CCJ) traded with the volume of 1.72 Million with average volume of 2.01 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.3 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.25 and 39.8 respectively.

Currently the Insider Ownership of the shares of Cameco Corporation (NYSE:CCJ) is at 0.2% and the shares outstanding are 395.79 Million.

Important Ratio Analysis

Some important ratios to consider here for Cameco Corporation (NYSE:CCJ) are discussed below:

Dividend yield of Cameco Corporation (NYSE:CCJ) stands at 3.5% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 22.99.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 1.87 and 0.88 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 15.97 and 10.1 correspondingly.

The Quick Ratio of Cameco Corporation (NYSE:CCJ) stands at 1.8 while the Current Ratio depicts the value of 5.8.

Return on Assets ROA of Cameco Corporation (NYSE:CCJ) is at -0.3% whereas, Return on Equity ROE and Return of Investment ROI of Cameco Corporation (NYSE:CCJ) stand at -0.4% and -0.7% respectively.

Stock Performance Analysis

The stock performance of Cameco Corporation (NYSE:CCJ) on the basis of 5 day trade show the dip of -1.82% whereas, the monthly performance of the stock shows decrease of -8.77%.

The quarterly performance of the stock remained in red zone with the value of -8.96% while six month performance of the shares of Cameco Corporation (NYSE:CCJ) remained bearish with the count of -17.86%.

The yearly and YTD performance of Cameco Corporation (NYSE:CCJ) remained mix at 17.01% and -12.61% respectively.