Yellow Cake (LON:YCA) Reaches New 12-Month Low – Time to Sell?

Yellow Cake plc (LON:YCA) reached a new 52-week low on Wednesday . The stock traded as low as GBX 458 ($5.76) and last traded at GBX 459.56 ($5.78), with a volume of 566959 shares trading hands. The stock had previously closed at GBX 466 ($5.86).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 712 ($8.95) price objective on shares of Yellow Cake in a report on Tuesday, January 28th.

Yellow Cake Stock Performance

The company’s 50-day moving average price is GBX 505.80 and its 200 day moving average price is GBX 529.84. The stock has a market cap 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.