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Highlights
- Aterian, Inc. (NASDAQ:ATER) stock rallied after retail investors pushed the price up.
- Energy Fuels Inc (Canada) (AMEX: UUUU) stock jumped on increased uranium demand.
- ATER and UUUU stocks rose 192% and 36%, respectively, over the past month.
Stocks of Aterian, Inc. (NASDAQ:ATER) and Energy Fuels Inc (AMEX: UUUU) rose more than 21% and 5%, respectively, in the pre-market session on Monday as they saw renewed interests from investors.
ATER stock was priced at US$14.31, up 21.27%, at 8:30 am ET, while and UUUU stock traded at US$7.30, an increase of 5.49%, at 8:30 am ET.
Aterian, Inc.
It is a technology-driven company and sells various consumer products on its online platform. The New York-based company has a market capitalization of US$455 million.
ATER has seen high trading volume in the last three consecutive sessions after the retail investors turned their attention to the stocks. The stock grew 192% in the past month.
The stock closed at US$11.8, up 16%, on Sep 10, with a share volume of 78,613,780.
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Aterian’s revenue for the June quarter of 2021 was US$68.19 million compared to US$59.8 million in the same period a year ago.
The net loss was US$(36.3) million or US$(1.23) per share diluted compared to the net loss of US$(2.94) million or US$(0.19) per share diluted in the same period of 2020.
The 52-week highest and lowest stock prices were US$48.99 and US$3.04, respectively.
The company was founded in 2014 and went public in 2019.
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Source – pixabay
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Energy Fuels Inc
The Lakewood, Colorado-based Energy Fuels Inc produces Uranium and holds the largest Uranium reserves in the US. Its market capitalization is US$1.03 billion.
Uranium stocks rallied after the prices of the metal went up amid reduced supplies. Some investors were also willing to pay higher prices for Uranium.
The UUUU stock increased by 36% in one month. The stock was priced at US$6.92, an increase of 8.12%, in the previous session (Sep 10), with a trading volume of 10,940,930.
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The revenue of the company for the quarter ended June 30, 2021, was US$456 thousand, and the net loss attributable to common shareholders was US$(10.79) million. The revenue and net loss for the June quarter of 2020 were US$395 thousand and US$(8.19) million, respectively.
The stock’s 52-week highest and lowest prices were US$7.83 and US$1.42, respectively.
The company was founded in 1987, and its IPO was launched in 1988.
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Bottomline
Aterian stock rose after retail investors turned their attention to the stocks as prices looked attractive vis-à-vis the company’s growth potential. On the other hand, Energy Fuels stock jumped on increased demand for Uranium. Aterian fell 13.14% YTD, and Energy Fuels grew by 71.6% YTD. However, investors must carefully evaluate the companies before investing.
