Alert: Major Price Advance (8/7/24)-Centrus Energy Corp (NYSEAMERICAN: LEU).

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Centrus Energy Corp (NYSEAMERICAN: LEU) stock enjoyed a major increase of 17.5% on 8/7/24. The shares closed at $42.30. Moreover, trading volume in this advance was exceptionally high at 203% of normal. The stock has been weak relative to the market over the last nine months and has declined -0.6% during the last week.

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Current PriceTarget Research Rating

LEU is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Centrus Energy has a current Value Trend Rating of D (Negative). 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 46 but a very low Power Rating of 12, and the Negative Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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