Cameco is the subject of unusually large options trading (NYSE:CCJ)

On Wednesday, Cameco Company (NYSE: CCJ) (TSE: CCO) saw unusual activity in its options trading. Put options for a total of 28,210 shares of the company’s stock were purchased by investors. Compared to the typical daily volume of 2,706 put options, this demonstrates an increase close to 942% higher than expected.

On October 27 October 27, Cameco (NYSE: CCJ) (TSE: CCO) announced that it would publish its quarterly earnings report. The basic materials industry reported a quarterly earnings per share figure of $0.02, which was $0.06 more than the average estimate of $0.04. The earnings for the quarter came in on schedule. The sum of the company’s revenue during the period in question was exactly $297.96 million. The return on equity for Cameco came in at 2.50 percent, and the net margin for the company was 6.43 percent. Market analysts anticipate Cameco to generate $0.27 per share earnings during the […]

Click here to view original web page at beststocks.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.