Stock Rating Downgrade
Of late the Value Trend Rating for Centrus Energy Corp (NYSEAMERICAN: LEU) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Centrus Energy Corp (NYSEAMERICAN: LEU) stock increased 1.4% on 3/18/24. The shares closed at $38.77. However, below average trading volume at 82% of normal accompanied the advance. The stock has declined -3.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
LEU is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Centrus Energy has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Centrus Energy has a neutral Appreciation Score of 47 but a good Power Rating of 78, triggering the High Neutral Value Trend Rating.
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