As of Wednesday close, Uranium Royalty Corp.’s (NASDAQ:UROY) stock was down -$0.12, moving down -5.56 percent to $2.04. The average number of shares traded per day over the past five days has been 624,380 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.20 fall in that time frame. In the last twenty days, the average volume was 505,505, while in the previous 50 days, it was 418,834.
Since last month, UROY stock retreated -2.86%. Shares of the company fell to $1.97 on 07/21/23, the lowest level in the past month. A 52-week high of $3.32 was reached on 02/02/23 after having rallying from a 52-week low of $1.81. Since the beginning of this year, UROY’s stock price has dropped by -13.92% or -$0.33, and marked a new high 9 times. However, the stock has declined by -38.55% since its 52-week high.
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Financial Health
Based on annual data, UROY earned $2.12 million in gross profit and brought in $10.42 million in revenue.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. UROY’s revenue rose 100.0% during the quarter, while net income inched up to $10.61 million. During the quarter, the company generated -$9.27 million in EBITDA. The liabilities of Uranium Royalty Corp. were 7.84 million at the end of its most recent quarter, and its total debt was $9.87 million.
Technical Picture
This quick technical analysis looks at Uranium Royalty Corp.’s (UROY) price momentum. With a historical volatility rate of 46.59%, the RSI 9-day stood at 36.69% on 16 August.
With respect to its five-day moving average, the current Uranium Royalty Corp. price is down by -8.93% percent or -$0.20. However, the stock is currently trading approximately -2.86% below its SMA50 and -9.33% below its SMA200.
Stochastic coefficient K was 43.21% and Stochastic coefficient D was 62.41%, while ATR was 0.11. Given the Stochastic reading of 3.70% for the 14-day period, the RSI (14) reading has been calculated as 43.07%. As of today, the MACD Oscillator reading stands at -0.05, while the 14-day reading stands at -0.04.
Analyst Ratings
Uranium Royalty Corp. (UROY) has been rated Buy by analysts. According to 0 brokerage firms, UROY 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 Royalty Corp. stock as buy, with 1 recommending it as overweight.
With a median target price of $6.00, the current consensus forecast for the stock is $6.00 – $6.00. Based on these forecasts, analysts predict Uranium Royalty Corp. (UROY) will achieve an average price target of $6.00.
