On October 27, Centrus rose 8.29% in Regular Trading, trading at $104.93/share, with turnover of $9.8472 million.
The most relevant recent catalyst is the company’s October 19 announcement that it acquired Westerman Holdings for about $116 million to strengthen its nuclear fuel supply chain and expand manufacturing capabilities.
The transaction was funded with roughly $95 million in cash and $21 million in equity. The company said the deal is expected to be accretive to adjusted earnings per share in the first year after closing, while helping reduce project costs, improve supply chain efficiency, and diversify revenue beyond nuclear energy. Recent fuel supply agreements with Antares and Radiant also provide broader context for investor focus on Centrus’ capacity and manufacturing buildout.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)