As of Wednesday close, Uranium Energy Corp.’s (AMEX:UEC) stock was down -$0.03, moving down -0.59 percent to $5.07. The average number of shares traded per day over the past five days has been 15,244,180 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.12 fall in that time frame. In the last twenty days, the average volume was 9,118,104, while in the previous 50 days, it was 6,508,148.
Since last month, UEC stock rose 24.26%. Shares of the company fell to $3.88 on 08/21/23, the lowest level in the past month. A 52-week high of $5.55 was reached on 09/15/23 after having rallying from a 52-week low of $2.30. Since the beginning of this year, UEC’s stock price has risen by 30.67% or $1.19, and marked a new high 18 times. However, the stock has declined by -8.65% since its 52-week high.
UEC stock investors should be aware that Uranium Energy Corp. (UEC) stock had its last reported insider trading activity 62 days ago on Jul 21. Ballesta Moya Gloria L, the Director of the company, disposed of 50,000 shares for $3.21 on Jul 21. It resulted in a $160,500 divestment by the insider. DELLA VOLPE VINCENT sold 65,000 shares at an average price of $3.38 on Jul 05. The insider now owns 266,326 shares following the transaction. On Jul 05, Director KONG DAVID sold 7,000 shares at $3.35 apiece. The transaction was valued at $23,482.
Valuation Metrics
Right now, Uranium Energy Corp. (UEC) has a P/E ratio of about 1014.00. The stock’s beta is 2.00. Besides these, the trailing price-to-sales (P/S) ratio of 15.36, the price-to-book (PB) ratio of 3.07, and the price-to-cash flow ratio of 70.63 may also be considered.
Financial Health
In the three months ended April 29, Uranium Energy Corp.’s quick ratio stood at 2.30, while its current ratio was 5.00, 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 April 29, EBITDA margin amounted to 3.33%, whereas operating margins totaled 5.70%. 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 0.30%.
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 51.09% to $47.93 million during the quarter, while net income inched up to $20.22 million. While analysts expected Uranium Energy Corp. to report -$0.02 quarterly earnings, the actual figure was -$0.03 per share. During the quarter, the company generated -$2.98 million in EBITDA. The liabilities of Uranium Energy Corp. were 100.31 million at the end of its most recent quarter ended April 29. The value of shareholders’ equity is $377.53 million.
Technical Picture
This quick technical analysis looks at Uranium Energy Corp.’s (UEC) price momentum. With a historical volatility rate of 48.78%, the RSI 9-day stood at 63.18% on 20 September.
With respect to its five-day moving average, the current Uranium Energy Corp. price is down by -2.31% percent or -$0.12. At present, UEC shares trade +21.88% above its 20-day simple moving average and +96.51% percent above its 100-day simple moving average. However, the stock is currently trading approximately +59.94% above its SMA50 and +37.77% above its SMA200.
Stochastic coefficient K was 71.55% and Stochastic coefficient D was 80.43%, while ATR was 0.29. Given the Stochastic reading of 63.08% for the 14-day period, the RSI (14) reading has been calculated as 67.68%. As of today, the MACD Oscillator reading stands at 0.08, while the 14-day reading stands at 0.28.
Analyst Ratings
TD Securities launched its rating on Uranium Energy Corp. (AMEX: UEC) to a Speculative buy in a note to investors on September 13, 2023. 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 $6.70, the current consensus forecast for the stock is $6.00 – $8.00. Based on these forecasts, analysts predict Uranium Energy Corp. (UEC) will achieve an average price target of $6.82.
