Price Action to Note: Time to Buy Centrus Energy Corp After Today’s Big Increase?

Price Action to Note: Time to Buy Centrus Energy Corp After Today's Big Increase?

The stock of Centrus Energy Corp (NYSEMKT:LEU) is a huge mover today! About 137,460 shares traded hands or 212.25% up from the average. Centrus Energy Corp (NYSEMKT:LEU) has risen 73.02% since April 27, 2016 and is uptrending. It has outperformed by 67.79% the S&P500.
The move comes after 6 months positive chart setup for the $44.63M company. It was reported on Nov, 30 by We have $7.34 PT which if reached, will make NYSEMKT:LEU worth $3.57 million more.

Analysts await Centrus Energy Corp (NYSEMKT:LEU) to report earnings on March, 20.

According to Zacks Investment Research, “Centrus Energy Corp. is a supplier of enriched uranium fuel for commercial nuclear power plants. The Company operates in two segments, LEU and Contract Services. Its LEU is a component in the production of nuclear fuel for reactors to produce electricity. The Company also provides contract work services for the U.S. Department of Energy and its contractors. Centrus Energy Corp., formerly known as USEC Inc., is headquartered in Bethesda, Maryland.”

More notable recent Centrus Energy Corp (NYSEMKT:LEU) news were published by: which released: “Centrus Energy, formerly known as USEC, emerges from Chapter 11 bankruptcy” on September 30, 2014, also with their article: “Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full …” published on March 21, 2016, published: “Centrus Energy Corp. Announces Management Transition” on April 17, 2015. More interesting news about Centrus Energy Corp (NYSEMKT:LEU) were released by: and their article: “Centrus Energy’s (LEU) CEO Daniel Poneman On Q2 2016 Results – Earnings Call …” published on August 11, 2016 as well as‘s news article titled: “Centrus Energy to Preserve Net Operating Loss Carryforwards and to Protect …” with publication date: April 06, 2016.

LEU Company Profile

Centrus Energy Corp. (Centrus), incorporated on June 29, 1998, supplies low-enriched uranium (LEU) for commercial nuclear power plants. The Firm supplies LEU to both domestic and international utilities for use in a growing fleet of nuclear reactors across the world. The Firm operates in two divisions, which include the LEU segment with two components, separative work units (SWU) and uranium, and the contract services segment. Centrus is engaged in the development of uranium enrichment technology and is performing research and demonstration work to support the United States energy and national security. The Firm provides LEU from multiple sources, including its inventory and long-term supply contracts and spot purchases.

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