At the last check on Thursday, Uranium Energy Corp.’s (AMEX:UEC) stock was down -$0.05, moving down -1.67 percent to $2.64. The average number of shares traded per day over the past five days has been 2,946,985 shares. 2 times new highs have been achieved over the past 5 days, with a $0.15 gain in that time frame. In the last twenty days, the average volume was 3,787,376, while in the previous 50 days, it was 5,877,039.
Since last month, UEC stock rose 4.96%. Shares of the company fell to $2.30 on 05/02/23, the lowest level in the past month. A 52-week high of $4.72 was reached on 02/02/23 after having rallying from a 52-week low of $2.30. Since the beginning of this year, UEC’s stock price has dropped by -31.83% or -$1.22, and marked a new high 8 times. However, the stock has declined by -43.96% since its 52-week high.
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UEC stock investors should be aware that Uranium Energy Corp. (UEC) stock had its last reported insider trading activity 62 days ago on Mar 24. Adnani Amir, the President and CEO of the company, purchased of 60,000 shares for $2.66 on Mar 24. It resulted in a $159,558 investment by the insider. Abraham Spencer added 38,500 shares at an average price of $2.61 on Mar 24. The insider now owns 605,437 shares following the transaction. On Mar 24, President and CEO Adnani Amir bought 20,000 shares at $2.73 apiece. The transaction was valued at $54,600.
Right now, Uranium Energy Corp. (UEC) has a P/E ratio of about 44.83. The stock’s beta is 2.00. Besides these, the trailing price-to-sales (P/S) ratio of 8.70, the price-to-book (PB) ratio of 1.59, and the price-to-cash flow ratio of 59.28 may also be considered.
In the three months ended January 30, Uranium Energy Corp.’s quick ratio stood at 2.80, while its current ratio was 4.50, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 27.60% percent. In the year ended January 30, EBITDA margin amounted to 3.33%, whereas operating margins totaled 13.80%. Based on annual data, UEC earned $7.29 million in gross profit and brought in $23.16 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.80%. Return on equity (ROE) for the past 12 months was 4.30%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. UEC’s revenue rose 72.48% to $57.29 million during the quarter, while net income inched up to $47.93 million. While analysts expected Uranium Energy Corp. to report $0 quarterly earnings, the actual figure was $0.03 per share. During the quarter, the company generated $5.59 million in EBITDA. The liabilities of Uranium Energy Corp. were 108.65 million at the end of its most recent quarter ended January 30, and its total debt was $1.0 million. The value of shareholders’ equity is $375.39 million.
This quick technical analysis looks at Uranium Energy Corp.’s (UEC) price momentum. With a historical volatility rate of 61.18%, the RSI 9-day stood at 51.55% on 24 May.
With respect to its five-day moving average, the current Uranium Energy Corp. price is up by +6.18% percent or $0.15. At present, UEC shares trade +3.29% above its 20-day simple moving average and -31.31% percent below its 100-day simple moving average. However, the stock is currently trading approximately -16.98% below its SMA50 and -35.32% below its SMA200.
Stochastic coefficient K was 62.14% and Stochastic coefficient D was 65.41%, while ATR was 0.14. Given the Stochastic reading of 50.00% for the 14-day period, the RSI (14) reading has been calculated as 49.56%. As of today, the MACD Oscillator reading stands at 0.09, while the 14-day reading stands at 0.07.
Uranium Energy Corp. (UEC) has been rated Buy by analysts. According to 0 brokerage firms, UEC is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Uranium Energy Corp. stock as buy, with 6 recommending it as overweight.
With a median target price of $6.80, the current consensus forecast for the stock is $5.75 – $8.00. Based on these forecasts, analysts predict Uranium Energy Corp. (UEC) will achieve an average price target of $6.81.