Yellow Cake (LON:YCA) Trading Down 0.6% – Here’s What Happened

Yellow Cake plc (LON:YCA)’s share price dropped 0.6% during mid-day trading on Monday . The company traded as low as GBX 454 ($6.06) and last traded at GBX 463.20 ($6.19). Approximately 322,526 shares were traded during trading, a decline of 80% from the average daily volume of 1,611,934 shares. The stock had previously closed at GBX 465.80 ($6.22).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 712 ($9.51) price target on shares of Yellow Cake in a report on Tuesday, January 28th.

Yellow Cake Price Performance

The stock has a 50 day moving average of GBX 434.89 and a two-hundred day moving average of GBX 478.06. The stock has a market capitalization of £1.00 billion, a PE ratio of 1.74 and a beta of 0.27.

Yellow Cake Company Profile

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.