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Cameco shares fall below 200-day moving average amid high earnings expectations

Earnings Whispers ·

CCJ Cameco Corp
$78.93 -3.77%
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  1. 1Cameco shares fell to $82.02, below the 200-day moving average of $105.19.
  2. 2Analysts expect a 360% year-over-year increase in Cameco's earnings per share.
  3. 3The consensus estimate of $0.23 for Cameco's third-quarter earnings per share is higher than the $0.05 earnings per share from the same period last year.

So what's the key point?

Cameco's share price recently dropped to $82.02. Experts expect the company's profits to increase significantly.

Source Earnings Whispers · View original ↗

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