The Silver Lining In Cameco Corporation (CCJ), Live Nation Entertainment, Inc. (LYV)

Cameco Corporation (NYSE:CCJ) popped in on a low volume green day. Volume on 22-Nov-17 came in at 1.82 million contracts. The daily trading volume has averaged 2.11 million shares a day in past 3 months. The first sale was made at $9.74 but later the stock became weaker, and closed with a gain of 1.65%. It was last traded at $9.87 apiece.

Cameco Corporation (CCJ): Outperform Candidate With 9.52% Upside Potential

Cameco Corporation is maintained at an average outperform rating by 9 stock analysts, and there are at least 4.65% of shares outstanding that are currently legally short sold. The shares went up by 11.02% in value last month. Year-to-date it plunged -5.73%. Analysts are turning out to be more optimistic than before, with 7 of analysts who cover Cameco Corporation (NYSE:CCJ) advice adding it to buy candidate list. Wall Street experts also assign a $10.81 price target on Cameco Corporation, pointing towards a 9.52% rally from current levels. The stock is trading for about -26.12% less than its 52-week high.

Cameco Corporation Reports 5.12% Sales Growth

Cameco Corporation (CCJ) remained unsuccessful in beating the consensus-estimated $0.05 as it actually earned -$0.13 per share in its last reported financial results. Revenue, on the other hand, scored 5.12% growth from the previous quarter, coming up with $494.08 million.

CCJ Adds 11.53% In A Week

This company shares (CCJ) so far managed to recover 28.52% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2.81% while shortening the period to a week, volatility was 3.51%. The share price has already crossed its 20 days moving average, floating at a distance of 10.92% and sits 6.53% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 11.53% gains and is down by -1.18% compared with its 200-day moving average of $9.55. Also, Cameco Corporation (CCJ) needs to expand a 6.59% increase it experienced over the past twelve months.

Live Nation Entertainment, Inc. (NYSE:LYV) Consensus Call At 1.8

As regular trading ended, Live Nation Entertainment, Inc. (LYV) stock brought in a $0.53 rise to $44.42. The day started at a price of $43.85 but then traded as high as $44.51 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 1.8. Live Nation Entertainment, Inc. is given 5 buy-equivalent recommendations, 0 sells and 3 holds. The company shares sank -4.12% from their peak of $46.33 and now has a $9.19 billion market value of equity.

Live Nation Entertainment, Inc. Could Grow 4.68% More

LYV’s mean recommendation on Reuter’s scale improved from 1.75 thirty days ago to 1.83 now, which indicates a buy consensus from the analyst community. They see Live Nation Entertainment, Inc. (LYV) price hitting a mean target of $46.5 a share, meaning the stock still has potential that could lift the price another 4.68% Also, the recent close suggests the stock is underpriced by 14.81% compared to the most bullish target.

Live Nation Entertainment, Inc. (LYV) Returns 66.99% This Year

The company had seen its current volume reaching at 1.74 million shares in the last trade. That compares with the recent volume average of 1.74 million. At the close of regular trading, its last week’s stock price volatility was 2.58% which for the month reaches 1.94%. Live Nation Entertainment, Inc. dipped to as low as $43.55 throughout the day and has returned 66.99% in this year. At one point in the past year, the shares traded as low as $26.41 but has recovered 68.19% since then.

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