Centrus Stock Declines 10% on TENEX Update: What Does it Mean for Investors? [Yahoo! Finance]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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Source: Yahoo! Finance
has banned the export of low-enriched uranium to the United States or U.S.-registered entities. Per the current mandate, TENEX has to obtain a specific export license to ship low-enriched uranium to Centrus. If it fails, Centrus may face challenges in fulfilling its delivery commitments to customers, which could affect its results. The Centrus Energy stock closed at $68.50 yesterday, falling below its 50-day simple moving average (SMA) of $70.73, signaling a potential downtrend. The 50-day SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data. Image Source: Zacks Investment Research With this recent setback, Centrus Energy has experienced a 27.5% drop in its stock price over the past month compared with the industry's decline of 9.4%. The broader Zacks Basic Materials sector has declined 6.1%, while the S&P 500 has grown 1.1% during the same period. Meanwhile, Centrus Energy's peers Energy Fuels UUUU, Denison Mine Corp D
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- 10/31/24 - Miss
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