Uranium Royalty Corp (NASDAQ:UROY) saw an upside of 8.62% to $3.14 after adding $0.25 on Monday. The 5-day average trading volume is 1,580,193 shares of the company’s common stock. It has gained $3.15 in the past week and touched a new high 3 times within the past 5 days. An average of 1,238,518 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 845,977.
UROY’s 1-month performance is 33.58% or $0.74 on its low of $2.38 reached on 08/30/23. The company’s shares have touched a 52-week low of $1.81 and high of $3.07, with the stock’s rally to the 52-week high happening on 09/25/23. YTD, UROY has achieved 32.45% or $0.76 and has reached a new high 11 times. However, the current price is up 2.25% from the 52-week high price.
Valuation Metrics
UROY stock has a beta of 1.78. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 30.80 while the price-to-book (PB) in the most recent quarter is 2.32.
Uranium Royalty Corp’s quick ratio for the recent period was 55.84, with the current ratio over the same period at 156.79. In terms of profitability, the gross margin trailing 12 months is 17.60%. The trailing 12-month EBITDA margin is -27.13%. The firm’s gross profit as reported stood at $2.12 million against revenue of $10.42 million.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 100.0% to -$4.48 million, while revenue of $0.0 was 100.0% off the previous quarter. EBITDA for the quarter stood at more than -$1.13 million.
Let’s look briefly at Uranium Royalty Corp (UROY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 74.22% to suggest the stock is trending Overbought, with historical volatility in this time period at 69.30%.
The stock’s 5-day moving average is $2.83, reflecting a +7.19% or $0.21 change from its current price. UROY is currently trading +30.96% above its 20-day SMA, +68.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +54.19% and SMA200 by+27.24%.
Stochastic %K and %D was 74.09% and 61.55% and the average true range (ATR) pointed at 0.19. The RSI (14) points at 71.58%, while the 14-day stochastic is at 97.26% with the period’s ATR at 0.17. The stock’s 9-day MACD Oscillator is pointing at 0.06 and 0.17 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for UROY stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate UROY as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is UROY’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $6.20 and a high of $6.20, with their median price target at $6.20. Looking at these predictions, the average price target given by analysts is for Uranium Royalty Corp (UROY) stock is $6.20.
