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Centrus Energy Stocks Surge Amid Expansion Plans

Centrus Energy Stocks Surge Amid Expansion Plans

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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