Alert: Major Price Advance (10/29/24)-Centrus Energy Corp (NYSEAMERICAN: LEU).

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Centrus Energy Corp (NYSEAMERICAN: LEU) stock enjoyed a major increase of 11.8% on 10/29/24. The shares closed at $104.95. Moreover, exceptionally high trading volume at 294% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 11.1% 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 C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Centrus Energy has a poor Appreciation Score of 22 but a good Power Rating of 79, triggering the Neutral Value Trend Rating.

Rating Review

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

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