Dernières nouvelles pour Centrus Energy (AMEX:LEU) Stock

Centrus Energy

Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical Solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue is derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.

Centrus Energy Corp. Class A Common Stock

Centrus Energy Corp

Leuthold Core ETF

<h3 class="wp-block-heading">The Day After</h3>
I wrote a post on ZeroHedge this morning ("<a href="https://www.zerohedge.com/news/2024-11-06/victory">Trump Victory</a>") which included a number of reactions to Trump's astonishing victory last night. Trump became the first President to win in non-consecutive terms since Grover Cleveland, 127 years ago. Here, I'll confine myself to some market-related comments.
<h3 class="wp-block-heading">The Betting Markets</h3>
In&nbsp;<a href="https://portfolioarmor.substack.com/p/betting-on-the-election">a post</a>&nbsp;here a couple of weeks ago, I wrote about betting on the election.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://portfolioarmor.substack.com/p/betting-on-the-election"><img loading="lazy" decoding="async" width="917" height="626" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07084434/Betting-On-The-Election--1.jpg" alt="" class="wp-image-3043" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07084434/Betting-On-The-Election--1.jpg 917w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07084434/Betting-On-The-Election--1-300x205.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07084434/Betting-On-The-Election--1-768x524.jpg 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
I mentioned that I had Trump to win at 44 cents on PredictIt, and a couple of bets on a new site,&nbsp;<a href="http://kalshi.com/sign-up/?referral=0297c7e8-2fe6-4b35-8f98-0366b8795934">Kalshi</a>:
<ol>
<li>Trump to win Wisconsin at 52%.</li>
<li>Republicans to win the White House, House, and Senate at 47%.</li>
</ol>
After that post, I added a few additional bets. One was "Kamala No" on PredictIt, when that dropped to 48 cents. I cashed out of my PredictIt bets at 97 cents and 98 cents, respectively, for gains of a little over 100% before PredictIt's 5% exit fee.
Trump won Wisconsin; all the House races haven't settled yet, but it looks like our Republican sweep bet will cash too.
<h3 class="wp-block-heading">Stocks Benefiting From The Trump Win</h3>
Six names we have positions in posted double-digit gains the day after Trump's win:
 Centrus Energy Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>). This is a uranium name we opened a call spread on last week.&nbsp;
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-the-nuclear-option"><img loading="lazy" decoding="async" width="882" height="606" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07084722/The-Nuclear-Option.jpg" alt="" class="wp-image-3044" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07084722/The-Nuclear-Option.jpg 882w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07084722/The-Nuclear-Option-300x206.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07084722/The-Nuclear-Option-768x528.jpg 768w" sizes="(max-width: 882px) 100vw, 882px" /></a></figure>
Robinhood Markets, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>). That was the crypto-related name in our Nuclear Option post above, and our trade was buying the $32 strike calls on it for $2.30. Those calls were trading at $4.90 as of Wednesday's close. 
Bit Digital, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>). That's the Bitcoin miner with operations in Ethereum staking and AI that was one of our two lottery tickets in this post in September.&nbsp;<a href="https://portfolioarmor.substack.com/p/trade-alert-two-lottery-tickets"></a>
Tesla, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). We opened another trade on Tesla earlier this week. That was the less-contrarian trade in this post. Our Tesla trade is a call spread which will generate a 300% gain if Tesla closes above $350 per share at the end of next year.&nbsp;
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-ai-da2"><img loading="lazy" decoding="async" width="886" height="597" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085048/Trade-Alert-AI.jpg" alt="" class="wp-image-3045" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085048/Trade-Alert-AI.jpg 886w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085048/Trade-Alert-AI-300x202.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085048/Trade-Alert-AI-768x517.jpg 768w" sizes="(max-width: 886px) 100vw, 886px" /></a></figure>
Emergent BioSolutions, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>). Our trade here was buying the $9 strike calls expiring on December 20th for $2.05. EBS beat earnings on Wednesday and was up 24.46% after hours.&nbsp;
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-biotech"><img loading="lazy" decoding="async" width="888" height="596" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085412/Biotech.jpg" alt="" class="wp-image-3046" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085412/Biotech.jpg 888w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085412/Biotech-300x201.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085412/Biotech-768x515.jpg 768w" sizes="(max-width: 888px) 100vw, 888px" /></a></figure>
Powell Industries, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>). Our most recent trade here was a call spread betting on POWL being above $300 by next May. It closed at $347 today.&nbsp;
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-top-names-879"><img loading="lazy" decoding="async" width="885" height="595" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085455/POWL.jpg" alt="" class="wp-image-3047" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085455/POWL.jpg 885w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085455/POWL-300x202.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085455/POWL-768x516.jpg 768w" sizes="(max-width: 885px) 100vw, 885px" /></a></figure>
<h2 class="wp-block-heading">Stocks That Tumbled The Day After</h2>
<ol>
<li>Super Micro Computer, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>). That was the contrarian trade mentioned in the same post with Tesla above. Our bet was that most of the bad news was in the rearview. So there was a good chance the stock would bounce after earnings on Tuesday. Unfortunately, they didn't offer any timeline about getting a new auditor and the stock plummeted on Wednesday.</li>
<li>Rivian Automotive, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>). This EV maker was in a number of analysts "Harris basket" of stocks. Meanwhile, they had Tesla in their Trump baskets, and it plummeted about 9% after Trump won. We opened a position in this one back in April, buying the $15 strike calls expiring in January for $1.84. Fortunately, we sold half of those calls at $5.55 in July, for a 202% gain. So we are playing with the house's money on this one. And the company reports earnings after the close on Thursday. Maybe they'll have some good news then. </li>
</ol>
<figure class="wp-block-image size-full is-resized"><a href="https://portfolioarmor.substack.com/p/trade-alert-evs"><img loading="lazy" decoding="async" width="877" height="590" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085820/EVs.jpg" alt="" class="wp-image-3048" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085820/EVs.jpg 877w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085820/EVs-300x202.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07085820/EVs-768x517.jpg 768w" sizes="(max-width: 877px) 100vw, 877px" /></a></figure>
<h3 class="wp-block-heading">If You Are Concerned About Downside Risk</h3>
If you would like a heads up next time we place a trade, you can subscribe to our trading Substack/occasional email list below.
<figure class="wp-block-image size-full"><a href="https://portfolioarmor.substack.com/"><img loading="lazy" decoding="async" width="602" height="418" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07090037/Widget.jpg" alt="" class="wp-image-3049" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07090037/Widget.jpg 602w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/07090037/Widget-300x208.jpg 300w" sizes="(max-width: 602px) 100vw, 602px" /></a></figure>

Government

Market Summary

Markets

Trading Ideas

General

BTBT

HOOD

POWL

RIVN

SMCI

TSLA

The Post-Trump Victory Trade

Investors with a lot of money to spend have taken a bearish stance on Centrus Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LEU, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 22 uncommon options trades for Centrus Energy.
This isn't normal.
The overall sentiment of these big-money traders is split between 31% bullish and 50%, bearish.
Out of all of the special options we uncovered, 13 are puts, for a total amount of $438,267, and 9 are calls, for a total amount of $658,060.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $115.0 for Centrus Energy over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Centrus Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Centrus Energy's substantial trades, within a strike price spectrum from $50.0 to $115.0 over the preceding 30 days.
<h3>Centrus Energy Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730830558_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LEU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.7</td>
<td>$12.0</td>
<td>$12.7</td>
<td>$75.00</td>
<td>$317.5K</td>
<td>1.0K</td>
<td>345</td>
</tr>
<tr>
<td>LEU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$16.9</td>
<td>$15.5</td>
<td>$15.8</td>
<td>$60.00</td>
<td>$79.0K</td>
<td>280</td>
<td>106</td>
</tr>
<tr>
<td>LEU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$2.85</td>
<td>$2.75</td>
<td>$2.8</td>
<td>$60.00</td>
<td>$63.0K</td>
<td>49</td>
<td>461</td>
</tr>
<tr>
<td>LEU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$3.2</td>
<td>$2.8</td>
<td>$2.8</td>
<td>$60.00</td>
<td>$57.6K</td>
<td>49</td>
<td>1.1K</td>
</tr>
<tr>
<td>LEU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$18.2</td>
<td>$17.7</td>
<td>$18.2</td>
<td>$60.00</td>
<td>$54.9K</td>
<td>280</td>
<td>30</td>
</tr>
</tbody>
</table>

<h3>About Centrus Energy</h3>
Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical Solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue is derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.
Having examined the options trading patterns of Centrus Energy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Centrus Energy's Current Market Status</h3>
<ul>
<li>Trading volume stands at 2,262,102, with LEU's price down by -5.73%, positioned at $73.53.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 93 days.</li>
</ul>
<h3>What Analysts Are Saying About Centrus Energy</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $82.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Roth MKM keeps a Neutral rating on Centrus Energy with a target price of $58. 
&#x2A; In a cautious move, an analyst from Roth MKM downgraded its rating to Neutral, setting a price target of $62. 
&#x2A; Consistent in their evaluation, an analyst from B. Riley Securities keeps a Buy rating on Centrus Energy with a target price of $126. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Centrus Energy, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Unpacking the Latest Options Trading Trends in Centrus Energy

U.S. stocks traded mostly lower toward the end of trading, with the S&amp;P 500 slipping around 0.1% on Monday.
The Dow traded down 0.53% to 41,828.27 while the NASDAQ fell 0.04% to 18,230.05. The S&amp;P 500 also fell, dropping, 0.11% to 5,722.67.
Check This Out: <a href="https://www.benzinga.com/news/24/10/41653495/top-2-real-estate-stocks-you-may-want-to-dump-this-quarter">Top 2 Real Estate Stocks You May Want To Dump This Quarter</a>
Leading and Lagging Sectors Energy shares rose by 1.7% on Friday.
In trading on Friday, utilities shares fell by 1.2%.
Top Headline
Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) shares gained more than 8% on Monday after the company reported better-than-expected third-quarter EPS and revenues.
Revenue increased 5% year over year to $3.07 billion, beating the consensus of $3.05 billion. Adjusted EPS of 77 cents surpassed the street view of 68 cents.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Nuwellis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) shares shot up 90% to $2.5803 after the company announced preliminary third-quarter financial results.</li>
<li>Shares of Neurogene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGNE#NASDAQ">NGNE</a>) got a boost, surging 43% to $65.71 after the company entered a securities purchase agreement for a PIPE investment, expected to bring in gross proceeds of $200 million.</li>
<li>Advent Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADN#NASDAQ">ADN</a>) shares were also up, gaining 62% to $3.07 after the company announced its RHyno project secured a €34.5 million grant from the EU Innovation Fund to advance fuel cell and hydrogen technology.</li>
</ul>
Equities Trading DOWN
<ul>
<li>1847 Holdings LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#NYSE">EFSH</a>) shares dropped 36% to $0.2974. The company on Friday announced a 1-for-15 reverse stock split of its common shares, effective November 11.</li>
<li>Shares of The E.W. Scripps Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) were down 38% to $2.2000 following downbeat quarterly earnings.</li>
<li>Centrus Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) was down, falling 27% to $80.50 after the company announced an offering of $350 million in convertible senior notes due 2030.</li>
</ul>
Commodities In commodity news, oil traded up 2.7% to $71.38 while gold traded down 0.1% at $2,748.10.
Silver traded down 0.1% to $32.660 on Monday, while copper rose 1.4% to $4.4340.
Euro zone
European shares closed mostly lower today. The eurozone's STOXX 600 fell 0.33%, Germany's DAX fell 0.44% and France's CAC 40 fell 0.37%. Spain's IBEX 35 Index fell 0.32%, while London's FTSE 100 rose 0.29%.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Hong Kong's Hang Seng Index gaining 0.30%, China's Shanghai Composite Index gaining 1.17% and India's BSE Sensex falling 1.18%.
Economics
U.S. factory orders declined by 0.5% from the previous month to $584.2 billion in September compared to a revised 0.8% fall in August.
Now Read This: 
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<li><a href="file:///C:/Users/Avi%20Kapoor/Desktop/Benzinga/Top%202%20Utilities%20Stocks%20That%20May%20Crash%20This%20Quarter">Top 2 Utilities Stocks That May Crash This Quarter</a></li>
</ul>

Earnings

Equities

News

Eurozone

Commodities

EFSH

NGNE

NUWE

YUMC

S&P 500 Edges Lower; Yum China Earnings Top Views

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Monday.
The Dow traded down 0.48% to 41,849.82 while the NASDAQ fell 0.10% to 18,220.82. The S&amp;P 500 also fell, dropping, 0.17% to 5,719.28.
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Leading and Lagging Sectors Energy shares rose by 1.5% on Friday.
In trading on Friday, utilities shares fell by 1.3%.
Top Headline
Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) shares dipped over 10% on Monday after the company reported third-quarter results and revised its FY24 adjusted EPS guidance, which is below estimates.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Nuwellis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) shares shot up 87% to $2.54 after the company announced preliminary third-quarter financial results.</li>
<li>Shares of Neurogene Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGNE#NASDAQ">NGNE</a>) got a boost, surging 42% to $65.63 after the company entered a securities purchase agreement for a PIPE investment, expected to bring in gross proceeds of $200 million.</li>
<li>Advent Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADN#NASDAQ">ADN</a>) shares were also up, gaining 57% to $2.9882 after the company announced its RHyno project secured a €34.5 million grant from the EU Innovation Fund to advance fuel cell and hydrogen technology.</li>
</ul>
Equities Trading DOWN
<ul>
<li>1847 Holdings LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#NYSE">EFSH</a>) shares dropped 39% to $0.2830. The company on Friday announced a 1-for-15 reverse stock split of its common shares, effective November 11.</li>
<li>Shares of The E.W. Scripps Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) were down 36% to $2.2499 following downbeat quarterly earnings.</li>
<li>Centrus Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) was down, falling 26% to $80.63 after the company announced an offering of $350 million in convertible senior notes due 2030.</li>
</ul>
Commodities In commodity news, oil traded up 3% to $71.57 while gold traded down 0.1% at $2,746.70.
Silver traded down 0.3% to $32.590 on Monday, while copper rose 1.2% to $4.4245.
Euro zone
European shares closed mostly lower today. The eurozone's STOXX 600 fell 0.33%, Germany's DAX fell 0.44% and France's CAC 40 fell 0.37%. Spain's IBEX 35 Index fell 0.32%, while London's FTSE 100 rose 0.29%.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Hong Kong's Hang Seng Index gaining 0.30%, China's Shanghai Composite Index gaining 1.17% and India's BSE Sensex falling 1.18%.
Economics
U.S. factory orders declined by 0.5% from the previous month to $584.2 billion in September compared to a revised 0.8% fall in August.
Now Read This: 
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<li><a href="file:///C:/Users/Avi%20Kapoor/Desktop/Benzinga/Top%202%20Utilities%20Stocks%20That%20May%20Crash%20This%20Quarter">Top 2 Utilities Stocks That May Crash This Quarter</a></li>
</ul>

Intraday Update

Crude Oil Gains 3%; Constellation Energy Shares Tumble After Q3 Results

WIIM

Centrus Energy shares are trading lower after the company announced an offering of $350 million in convertible senior notes due 2030.

Shares of Yum China Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) rose sharply in today's pre-market trading after the company reported better-than-expected third-<a href="https://www.benzinga.com/news/earnings/24/11/41709548/yum-china-q3-earnings-surprise-kfc-pizza-hut-power-earnings-beat-reiterates-capex-plan-to-open-1-50">quarter EPS and revenues</a>.
Revenue increased 5% year over year to $3.07 billion, beating the consensus of $3.05 billion. Adjusted EPS of $0.77 surpassed the street view of $0.68.
Yum China shares rose 8.3% to $48.83 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Staffing 360 Solutions Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAF#NASDAQ">STAF</a>) gained 116.5% to $3.68 in pre-market trading after the company and Atlantic International entered a merger agreement.</li>
<li>Nuwellis Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) rose 69.9% to $2.31 in pre-market trading after the company announced preliminary results for the third quarter.</li>
<li>Singular Genomics Systems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMIC#NASDAQ">OMIC</a>) shares surged 61.1% to $21.68 in pre-market trading.</li>
<li>Vast Renewables Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) climbed 55.2% to $7.45 in pre-market trading after jumping 140% on Friday.</li>
<li>NLS Pharmaceutics AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NLSP#NASDAQ">NLSP</a>) gained 41.5% to $5.11 in pre-market trading after the company announced it entered into a definitive merger agreement with Kadimastem and will issue shares of its common stock for the transaction.</li>
<li>Advent Technologies Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADN#NASDAQ">ADN</a>) gained 34.6% to $2.56 in pre-market trading after the company announced its RHyno project secured a €34.5 million grant from the EU Innovation Fund to advance fuel cell and hydrogen technology.</li>
<li>Air Transport Services Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATSG#NASDAQ">ATSG</a>) shares rose 22.9% to $21.39 in pre-market trading after the company agreed to be acquired by Stonepeak for $3.1 billion.</li>
<li>Castellum Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTM#NYSE">CTM</a>) gained 17.3% to $0.17 in pre-market trading after the company reported a year-over-year increase in third-quarter financial results.</li>
</ul>
Alarum Technologies Ltd &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) gained 16.6% to $14.39 in pre-market trading.
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>1847 Holdings LLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#NASDAQ">EFSH</a>) shares tumbled 33.5% to $0.3080 in pre-market trading. 1847 Holdings announced a 1-for-15 reverse split.</li>
<li>Edesa Biotech Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDSA#NASDAQ">EDSA</a>) shares fell 19.7% to $2.57 in pre-market trading.</li>
<li>Centrus Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) dipped 13.8% to $94.30 in pre-market trading after the company announced a proposed private offering of $350 million of convertible senior notes due 2030.</li>
<li>TG Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGTX#NASDAQ">TGTX</a>) shares fell 12.6% to $23.50 in pre-market trading after the company reported third-quarter results.</li>
<li>Sify Technologies Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) declined 11.5% to $2.77 in pre-market trading after declining around 5% on Friday.</li>
<li>Napco Security Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSSC#NASDAQ">NSSC</a>) fell 10.6% to $34.50 in today's pre-market trading after the company announced downbeat quarterly results.</li>
<li>Constellation Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) shares dipped 8.8% to $235.40 in pre-market trading.</li>
<li>Talen Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLN#NASDAQ">TLN</a>) fell 8.5% to $159.00 in pre-market trading after the company announced it is evaluating options after FERC rejected the amended Susquehanna Interconnection Service Agreement to increase co-located load capacity at the Susquehanna nuclear power generation facility from 300 megawatts to 480 megawatts.</li>
<li>Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) fell 8.4% to $19.85 in pre-market trading after the company reported third-quarter financial results and issued FY24 adjusted EPS guidance below estimates.</li>
<li>Capital Southwest Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSWC#NASDAQ">CSWC</a>) fell 7.7% to $22.10 in pre-market trading after announcing a proposed convertible notes offering.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41685620/top-3-energy-stocks-that-are-preparing-to-pump-in-november">Top 3 Energy Stocks That Are Preparing To Pump In November</a></li>
</ul>

Pre-Market Outlook

Movers

ALAR

ATSG

CSWC

EDSA

NLSP

NSSC

OKLO

OMIC

SIFY

STAF

TGTX

VSTE

Why Yum China Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Monday.
Shares of Napco Security Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSSC#NASDAQ">NSSC</a>) fell sharply in today's pre-market trading after the company announced <a href="https://www.benzinga.com/quote/NSSC/earnings">downbeat quarterly results.</a>
NAPCO Security Techs reported quarterly earnings of 30 cents per share which missed the analyst consensus estimate of 35 cents per share. The company reported quarterly sales of $44.003 million which missed the analyst consensus estimate of $47.726 million r.
Napco Security Technologies shares dipped 15.2% to $32.73 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Centrus Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) dipped 13.8% to $94.30 in pre-market trading after the company announced a proposed private offering of $350 million of convertible senior notes due 2030.</li>
<li>TG Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGTX#NASDAQ">TGTX</a>) shares fell 12.6% to $23.50 in pre-market trading after the company reported third-quarter results.</li>
<li>Sify Technologies Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) declined 11.5% to $2.77 in pre-market trading after declining around 5% on Friday.</li>
<li>Constellation Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) shares dipped 8.8% to $235.40 in pre-market trading.</li>
<li>Talen Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLN#NASDAQ">TLN</a>) fell 8.5% to $159.00 in pre-market trading after the company announced it is evaluating options after FERC rejected the amended Susquehanna Interconnection Service Agreement to increase co-located load capacity at the Susquehanna nuclear power generation facility from 300 megawatts to 480 megawatts.</li>
<li>Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) fell 8.4% to $19.85 in pre-market trading after the company reported third-quarter financial results and issued FY24 adjusted EPS guidance below estimates.</li>
<li>Capital Southwest Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSWC#NASDAQ">CSWC</a>) fell 7.7% to $22.10 in pre-market trading after announcing a proposed convertible notes offering.</li>
<li>Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) fell 5.9% to $28.77 in pre-market trading after dipping around 14% on Friday.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41685620/top-3-energy-stocks-that-are-preparing-to-pump-in-november">Top 3 Energy Stocks That Are Preparing To Pump In November</a></li>
</ul>

Napco Security Technologies Posts Downbeat Results, Joins Centrus Energy, Constellation Energy And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Centrus Energy Secures DOE Waiver To Import Russian Low-Enriched Uranium For Foreign Customers In 2025; First Waiver Approved For U.S. Deliveries Through 2025 With Future Waivers Uncertain For 2026-2027

Centrus Energy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) short percent of float has risen 9.67% since its last report. The company recently reported that it has 2.01 million shares sold short, which is 12.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.29 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Centrus Energy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730380514_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Centrus Energy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Centrus Energy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Centrus Energy's peer group average for short interest as a percentage of float is 6.89%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into Centrus Energy's Recent Short Interest

Roth MKM analyst Joe Reagor maintains Centrus Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) with a Neutral and lowers the price target from $62 to $58.

Price Target

Analyst Ratings

Roth MKM Maintains Neutral on Centrus Energy, Lowers Price Target to $58

B. Riley Securities analyst Alex Rygiel maintains Centrus Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) with a Buy and raises the price target from $88 to $126.

B. Riley Securities Maintains Buy on Centrus Energy, Raises Price Target to $126

Centrus Energy shares are trading higher after the company reported better-than-expected Q3 revenue results.

Centrus Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) reported quarterly losses of $(0.30) per share which missed the analyst consensus estimate of $0.22 by 236.36 percent. The company reported quarterly sales of $57.700 million which beat the analyst consensus estimate of $56.067 million by 2.91 percent. This is a 12.48 percent increase over sales of $51.300 million the same period last year.

Earnings Beats

Earnings Misses

Centrus Energy Q3 2024 GAAP EPS $(0.30) Misses $0.22 Estimate, Sales $57.700M Beat $56.067M Estimate

LTBR

UUUU

Shares of nuclear-linked stocks are trading higher possibly amid continued strength. There has been optimism in the broader sector after Amazon Web Services and Google recently announced nuclear investments to fuel data centers.

Centrus Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) is set to give its latest quarterly earnings report on Monday, 2024-10-28. Here's what investors need to know before the announcement.
Analysts estimate that Centrus Energy will report an earnings per share (EPS) of $0.22. 
Investors in Centrus Energy are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Historical Earnings Performance</h3>
The company's EPS beat by $1.11 in the last quarter, leading to a 17.5% increase in the share price on the following day.
Here's a look at Centrus Energy's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.78</td>
<td>0.60</td>
<td>0.76</td>
<td>0.23</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.89</td>
<td>-0.38</td>
<td>3.58</td>
<td>0.52</td>
</tr>
<tr>
<td>Price Change %</td>
<td>17.0%</td>
<td>-5.0%</td>
<td>-2.0%</td>
<td>-11.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729872318_0.png" alt="eps graph" />
<h3>Market Performance of Centrus Energy's Stock</h3>
Shares of Centrus Energy were trading at $85.33 as of October 24. Over the last 52-week period, shares are up 74.25%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Opinions on Centrus Energy</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Centrus Energy.
Centrus Energy has received a total of 2 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $58.5, the consensus suggests a potential 31.44% downside.
<h3>Comparing Ratings Among Industry Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of Arch Resources, Peabody Energy and CONSOL Energy, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Buy trajectory for Arch Resources, with an average 1-year price target of $193.0, suggesting a potential 126.18% upside.</li>
<li>As per analysts' assessments, Peabody Energy is favoring an Buy trajectory, with an average 1-year price target of $30.67, suggesting a potential 64.06% downside.</li>
<li>The consensus among analysts is an Buy trajectory for CONSOL Energy, with an average 1-year price target of $123.5, indicating a potential 44.73% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
Within the peer analysis summary, vital metrics for Arch Resources, Peabody Energy and CONSOL Energy are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Centrus Energy</td>
<td>Buy</td>
<td>92.07%</td>
<td>$36.50M</td>
<td>55.43%</td>
</tr>
<tr>
<td>Arch Resources</td>
<td>Buy</td>
<td>-19.61%</td>
<td>$41.63M</td>
<td>1.02%</td>
</tr>
<tr>
<td>Peabody Energy</td>
<td>Buy</td>
<td>-17.88%</td>
<td>$238.10M</td>
<td>5.59%</td>
</tr>
<tr>
<td>CONSOL Energy</td>
<td>Buy</td>
<td>-25.54%</td>
<td>$366.50M</td>
<td>4.11%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Centrus Energy ranks highest in Revenue Growth among its peers. It also leads in Gross Profit margin. However, it has the lowest Return on Equity.
<h3>Unveiling the Story Behind Centrus Energy</h3>
Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical Solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue is derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.
<h3>Financial Milestones: Centrus Energy's Journey</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Centrus Energy's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 92.07%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Centrus Energy's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 16.19% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Centrus Energy's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 55.43%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Centrus Energy's ROA stands out, surpassing industry averages. With an impressive ROA of 4.32%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.24, caution is advised due to increased financial risk.
<a href="https://www.benzinga.com/quote/LEU/earnings">To track all earnings releases for Centrus Energy visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse of Centrus Energy's Earnings Potential

As of Oct. 23, 2024, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to Benzinga Pro. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Centrus Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>)</h3>
<ul>
<li>On Oct. 17, The U.S. Department of Energy awarded the company&#8217;s subsidiary, American Centrifuge Operating, a contract aimed at expanding domestic commercial production of High-Assay, Low-Enriched Uranium. The company's stock gained around 86% over the past month and has a <a href="https://www.benzinga.com/quote/LEU">52-week high of $104.50</a>.</li>
<li>RSI Value: 76.32&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>LEU Price Action: Shares of Centrus Energy fell 1.2% to close at $93.36 on Tuesday.</li>
</ul>
<h3 class="wp-block-heading">Kinder Morgan Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>)</h3>
<ul>
<li>On Oct. 16, Kinder Morgan reported third-quarter revenue of $3.699 billion, missing the consensus estimate of $3.975 billion, according to Benzinga Pro. The company reported quarterly earnings of 25 cents per share, missing analyst estimates of 27 cents per share. "The company had a solid third quarter on increased financial contributions from our Natural Gas Pipelines and Terminals business segments, with Adjusted EBITDA up 2% versus the third quarter of 2023. Further, KMI's balance sheet remains very strong, as we ended the quarter with a Net Debt-to-Adjusted EBITDA ratio of 4.1 times," said Kim Dang, CEO of Kinder Morgan. The company's stock gained around 12% over the past month and <a href="https://www.benzinga.com/quote/KMI">has a 52-week high</a> of $25.43.</li>
<li>RSI Value: 75.33</li>
<li>KMI Price Action: Shares of Kinder Morgan rose 0.3% to close at $24.81 on Tuesday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41479244/dow-edges-lower-as-investors-watch-earnings-reports-with-caution-fear-index-remains-in-greed-zone">Dow Edges Lower As Investors Watch Earnings Reports With Caution: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Top 2 Energy Stocks That May Implode This Quarter

Financial giants have made a conspicuous bullish move on Centrus Energy. Our analysis of options history for Centrus Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) revealed 27 unusual trades.
Delving into the details, we found 48% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $703,808, and 16 were calls, valued at $1,785,770.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $35.0 to $150.0 for Centrus Energy during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Centrus Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Centrus Energy's substantial trades, within a strike price spectrum from $35.0 to $150.0 over the preceding 30 days.
<h3>Centrus Energy Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729522876_0_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LEU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$44.0</td>
<td>$41.4</td>
<td>$42.0</td>
<td>$55.00</td>
<td>$840.0K</td>
<td style="text-align: right;">503</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>LEU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$14.2</td>
<td>$13.7</td>
<td>$14.2</td>
<td>$90.00</td>
<td>$282.5K</td>
<td style="text-align: right;">795</td>
<td style="text-align: right;">213</td>
</tr>
<tr>
<td>LEU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$30.8</td>
<td>$29.6</td>
<td>$29.6</td>
<td>$120.00</td>
<td>$133.2K</td>
<td style="text-align: right;">87</td>
<td style="text-align: right;">98</td>
</tr>
<tr>
<td>LEU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$65.0</td>
<td>$61.7</td>
<td>$64.33</td>
<td>$150.00</td>
<td>$128.0K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>LEU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$12.8</td>
<td>$11.8</td>
<td>$12.7</td>
<td>$95.00</td>
<td>$127.0K</td>
<td style="text-align: right;">375</td>
<td style="text-align: right;">128</td>
</tr>
</tbody>
</table>

<h3>About Centrus Energy</h3>
Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical Solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue is derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.
After a thorough review of the options trading surrounding Centrus Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Centrus Energy</h3>
<ul>
<li>Trading volume stands at 1,255,625, with LEU's price down by -1.61%, positioned at $97.0.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 15 days.</li>
</ul>
<h3>What The Experts Say On Centrus Energy</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $62.0.
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&#x2A; An analyst from Roth MKM has revised its rating downward to Neutral, adjusting the price target to $62. 
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Nuclear energy-related stocks have taken off following major announcements from Alphabet, Inc.'s  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google and Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) as the tech industry turns to nuclear energy to power AI data centers. Here's a look at a sampling of stocks that could benefit from the <a href="https://www.benzinga.com/news/24/10/41358363/nuclear-stocks-soar-as-amazon-becomes-latest-tech-giant-to-invest-in-nuclear-power">market's nuclear trend</a>.
Last week, both Google and Amazon announced major nuclear power agreements with privately-owned small modular reactor (SMR) companies. Google signed a large deal with Kairos Power and Amazon inked a deal with Energy Northwest to build four advanced SMRs.&nbsp;
<h3 class="wp-block-heading">SMR Developers: </h3>
Both Kairos Power and Energy Northwest are privately-held companies. However, there are several publicly traded companies focused on SMRs.&nbsp;
<ul>
<li>Oklo, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) develops fast fission power plants to provide nuclear energy at scale and counts OpenAI's Sam Altman as the chairman of its board of directors. The stock<a href="https://www.benzinga.com/news/24/10/41321236/sam-altmans-oklo-jumps-on-google-nuclear-deal-whats-going-on"> has gained more</a> than 190% over the past month as the nuclear trade takes off.&nbsp;</li>
<li>NuScale Power Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) develops modular light water reactor nuclear power plants and its stock<a href="https://www.benzinga.com/news/24/10/41402441/nuscale-rockets-higher-on-amazon-deal-how-high-can-it-go"> has soared</a> nearly 100% over the past month.&nbsp;</li>
<li>Nano Nuclear Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) is a developer of portable, on-demand capable, and advanced nuclear microreactors. Nano Nuclear Energy stock is up 85% over the <a href="https://www.benzinga.com/markets/equities/24/10/41362462/why-is-nano-nuclear-energy-stock-gaining-today">past month</a>.&nbsp;</li>
</ul>
Read Next: <a href="https://www.benzinga.com/news/24/10/41415824/lucid-ceo-peter-rawlinson-talks-saudi-investment-elon-musks-political-views-and-taking-business-from">Lucid CEO Peter Rawlinson Talks Saudi Investment, Elon Musk&#8217;s Political Views And Taking Business From Tesla</a>
<h3 class="wp-block-heading">Power Producers: </h3>
Shares of power companies have also gained as data centers and AI applications raise demand for energy to power the emerging technologies.&nbsp;
<ul>
<li>Constellation Energy Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) a massive deal with Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) in September which includes plans to restart Unit 1 of the Three Mile Island nuclear facility. The reopening is part of a 20-year power <a href="https://www.benzinga.com/markets/equities/24/09/40957437/microsoft-taps-constellation-for-20-year-carbon-free-power-3-400-jobs-coming-to-pennsylvania">purchase agreement</a> to power Microsoft's AI data centers.&nbsp;</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) is one of the largest power producers and retail energy providers in the U.S. and owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation. The stock is also the best performer in the S&amp;P 500 in 2024,<a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41342499/unlikely-s-p-500-stock-leaves-nvidia-behind-with-241-gain-in-2024"> beating out</a> other AI-related names including NVIDIA Corp. which was the best performer in 2023.&nbsp;</li>
</ul>
<h3 class="wp-block-heading">Uranium Stocks: </h3>
Uranium is needed to generate nuclear power and prices have increased significantly, up roughly 60% since the beginning of the year.&nbsp;
<ul>
<li>Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) is a uranium producer with several projects including Millennium, Yeelirrie, Kintyre and Exploration. Cameco shares are<a href="https://www.benzinga.com/news/24/09/40961163/whats-going-on-with-cameco-stock-friday"> up nearly</a> 45% over the past month.&nbsp;</li>
<li>Centrus Energy Corp. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) supplies enriched uranium fuel for commercial nuclear power plants in the U.S. and internationally. Centrus Energy stock gained 21% on Friday after the Department of Energy <a href="https://www.benzinga.com/pressreleases/24/10/n41391606/centrus-wins-haleu-enrichment-award-from-u-s-department-of-energy">awarded the company</a> a contract aimed at expanding its domestic commercial production.&nbsp;</li>
</ul>
<h3 class="wp-block-heading">&#8220;Huge Opportunity&#8221;</h3>
Last week, Oklo's co-founder and CEO Jacob DeWitte joined CNBC's "Money Movers" and highlighted the current opportunities for companies in the <a href="https://www.benzinga.com/news/24/10/41343639/oklo-ceo-highlights-mind-blowing-demand-for-ai-power-says-googles-nuclear-deal-only-tip-of-the-icebe">nuclear power industry</a>.&nbsp;&nbsp;
"It's an extremely exciting time for nuclear … the numbers are staggering here. The power demand numbers, frankly, they're mind-blowing," DeWitte said. "It's a huge opportunity for a lot of players in the space, and nuclear offers a really great solution. "&nbsp;
Read Also:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41406621/microsoft-ai-revenue-could-eclipse-10b-in-2025-piper-sandler-says">Microsoft AI Revenue &#8216;Could Eclipse&#8217; $10B In 2025, Bullish Analyst Says</a></li>
</ul>

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Nuclear Energy Stocks Are Hot: Here's A List Of Tickers To Watch

Centrus Energy shares are trading higher after the U.S. Department of Energy awarded the company's subsidiary, American Centrifuge Operating, a contract aimed at expanding domestic commercial production of High-Assay, Low-Enriched Uranium.

Centrus Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) announced today that its subsidiary, American Centrifuge Operating, LLC ("ACO"), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of High-Assay, Low-Enriched Uranium (HALEU), which is needed to fuel many next-generation nuclear reactor designs currently under development.&nbsp;
"This award could facilitate the potential expansion of Centrus' first-of-a-kind HALEU production capacity to help meet the needs of the advanced nuclear industry and the nation," said Centrus President and CEO Amir Vexler.&nbsp; "It represents a critical piece of the public-private partnership we are working to build so that we can restore a robust, American-owned uranium enrichment capability to power the future of nuclear energy."
ACO is one of four awardees being announced today for HALEU production, with a minimum contract value of $2 million and a maximum value for all awardees of $2.7 billion over a ten-year period.&nbsp; The ultimate dollar amount associated with this award – and the potential scale of the expansion supported -- will depend upon task orders subsequently issued by the U.S. Department of Energy to Centrus. &nbsp;

Contracts

Centrus Energy's American Centrifuge Operating Wins HALEU Enrichment Award From U.S. Department Of Energy, With A Minimum Contract Value Of $2M And A Maximum Value For All Awardees Of $2.7B Over A 10-Year Period

Centrus EnergyEPS of -$0.30, revenue of $57.7M beats by $1.63M

Centrus Energy Corp. (LEU) Q3 2024 Earnings Call Transcript

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Press Releases

Centrus and KHNP Sign Long-Term Supply Commitment

Centrus to Conduct Hill Briefing on Restoring U.S. Uranium Enrichment

At Capitol Hill Briefing, Centrus Says $3.4 Billion Federal Investment in Nuclear Fuel Production Should Prioritize American Technology, Built by American Workers

Centrus to Participate in TD Cowen's 2024 Nuclear Fuel & Next Generation Roundtable

U.S. Department of Energy Announces Award for HALEU Deconversion

Centrus Wins HALEU Enrichment Award from U.S. Department of Energy

Centrus to Webcast Conference Call on October 29 at 8:30 a.m. ET

Centrus Reports Third Quarter 2024 Results

Offerings

Centrus Announces Proposed Private Offering of $350 Million of Convertible Senior Notes due 2030

Centrus Announces Pricing of Private Offering of $350 Million of 2.25% Convertible Senior Notes due 2030

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