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USEC Inc up 25 Percent Friday (USU)

UPDATE– The company stated that its policy is not to comment on unusual market activity.

Shares of USEC Inc. (NYSE: USU) are up 25 percent on no apparent news. The company’s investor relations pages, as well as other media outlets, are reporting nothing. The stock has traded 437,900 shares Friday versus a three month average of 87,000.

The $28 million company supplies low enriched uranium for nuclear power plants around the world. It currently trades at $5.85 and is down 71 percent in the past 6 months. A Seeking Alpha article from July 8 was not bullish on the stock.

[stock-tools exchange="NYSE" symbol="USU" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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