Centrus Energy ( (LEU) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Centrus Energy’s stock price has recently risen due to plans to expand its uranium enrichment plant in Ohio, reflecting market optimism about growth potential and policy shifts in the nuclear sector. Despite this positive momentum, J.P. Morgan analyst Bill Peterson maintains a Hold rating, citing the company’s overvaluation compared to its average price target.
More about Centrus Energy
YTD Price Performance: 391.86%
Average Trading Volume: 1,409,987
Technical Sentiment Signal: Buy
Current Market Cap: $6.74B
For further insights into LEU stock on TipRanks’ Stock Analysis page.
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