Cameco Experiences Significant Options Trading Activity (NYSE:CCJ)

On February 21, 2025, Cameco Co. (NYSE:CCJ) experienced an unusually high level of options trading activity. On that day, traders acquired a total of 28,210 put options on the stock, marking a staggering increase of approximately 942% compared to the average volume of only 2,706 put options traded.

Institutional Investors Impact on Cameco

In recent months, several institutional investors and hedge funds have made changes to their investment positions in Cameco. For instance, Jupiter Wealth Management LLC established a new stake in the company worth approximately $514,000 during the fourth quarter. Similarly, Formidable Asset Management LLC increased its investment by 13.4%, now holding 18,756 shares valued at $964,000 after acquiring an additional 2,215 shares in the last quarter. Additionally, WCG Wealth Advisors LLC expanded its stake by 2.7%, bringing its total to 12,801 shares worth about $658,000 after buying 331 more shares. Another notable increase came from Gordian Capital Singapore Pte Ltd, which boosted its stake by a staggering 276.4%. This firm now possesses 20,400 shares valued at $1,048,000 following the purchase of 14,980 extra shares. Finally, JT Stratford LLC also added a new position in Cameco during the fourth quarter, valued at $205,000. Overall, institutional investors currently own 70.21% of Cameco's stock, indicating strong interest from the financial sector.

Cameco’s Market Performance Overview

As of Friday, February 22, 2025, Cameco's stock opened at $46.34. The shares have fluctuated notably over the past year, with a 52-week low of $35.43 and a high of $62.55. The company boasts a quick ratio of 1.26, a current ratio of 2.88, and maintains a debt-to-equity ratio of 0.20. Cameco’s market capitalization stands at $20.17 billion, with a price-to-earnings ratio of 243.89, indicating its valuation relative to earnings. Its beta stands at 0.94, suggesting relatively stable performance, and the 50-day moving average is $51.19, while the 200-day moving average is $49.64.

On February 20, 2025, Cameco reported its latest earnings results, with earnings per share (EPS) of $0.26 for the quarter, matching analysts' expectations. The company recorded a return on equity of 3.33% and achieved a net margin of 4.15%. Analysts anticipate that Cameco will report an EPS of 0.42 for the current year.

Cameco Company Overview

Cameco Corporation is a major provider of uranium used for electricity generation. The company operates through various segments, including Uranium, Fuel Services, and Westinghouse. The Uranium segment focuses on exploring, mining, and milling uranium concentrate, while the Fuel Services segment specializes in refining, converting, and fabricating uranium concentrate, including the purchasing and selling of conversion services.

Cameco, Options, Investors