From MarketBeat:

Unusually large options trading activity on Cameco Co. TSE: CCO (NYSE:CCJ) on Thursday, with stock traders buying 384,705 call options. This is a 1,490% increase compared to the typical daily volume of 24,198 call options.

CCJ stock opened at $42.65 on Friday. The business’s 50-day moving average price is $43.53 and its 200-day moving average price is $38.15. Cameco has a 12 month low of $22.16 and a 12 month high of $46.95. The company has a current ratio of 3.85, a quick ratio of 3.31, and a debt-to-equity ratio of 0.08.

The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.13. Cameco had revenue of $428.65 million during the quarter and analysts forecast that it will post 0.63 EPS for the current year.

Cameco also disclosed an annual dividend, with stockholders of record on Thursday, November 30th receiving a $0.088 dividend. The dividend yield is 0.22% and the dividend payout ratio (DPR) is presently 20.45%.

Large investors have been increasing their position in Cameco, indicating bullish interest in the stock.

Cameco Corporation provides uranium for the generation of electricity and operates through two segments, Uranium and Fuel Services. The Uranium segment is involved in exploration, mining, and milling, while the Fuel Services segment engages in refining, conversion, and fabrication of uranium concentrate.



Read more: Cameco Target of Unusually Large Options Trading (NYSE:CCJ)