Today’s Market Runner: Centrus Energy Corp Can’t Burn Your Short Portfolio. Has Another Weak Session

Today's Market Runner: Centrus Energy Corp Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of Centrus Energy Corp (NYSEMKT:LEU) is a huge mover today! About 124,170 shares traded hands or 149.65% up from the average. Centrus Energy Corp (NYSEMKT:LEU) has risen 89.24% since April 28, 2016 and is uptrending. It has outperformed by 83.32% the S&P500.
The move comes after 9 months negative chart setup for the $49.24M company. It was reported on Dec, 1 by Barchart.com. We have $5.66 PT which if reached, will make NYSEMKT:LEU worth $1.97M less.

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