Centrus Energy Trading Volume Drops 39.37% to $354 Million Despite 8-Day Winning Streak

On June 23, 2025, Centrus Energy (LEU) saw a trading volume of $354 million, marking a 39.37% decrease from the previous day. The stock price rose by 1.34%, extending its winning streak to eight consecutive days, with a cumulative increase of 31.98% over the past eight days.

Centrus Energy recently secured a contract extension from the U.S. Department of Energy to continue the production of High-Assay Low-Enriched Uranium (HALEU). This extension, valued at approximately $110 million, is a significant development for the company, as it ensures continued production and supports the growing demand for HALEU in the nuclear energy sector.

Analysts have responded positively to this news, with B. Riley raising its price target for Centrus Energy to $221. This move reflects the market's confidence in the company's ability to capitalize on the extended contract and maintain its leadership position in the nuclear energy industry.

The contract extension is expected to have a positive impact on Centrus Energy's financial performance and stock price. The company's ability to secure long-term contracts with the U.S. Department of Energy demonstrates its strong market position and technical expertise in the production of HALEU.