Uranium Royalty Corp (NASDAQ:UROY) finished Wednesday with a subtraction of -$0.08 to close at $2.94, a downside of -2.65 percent. An average of 1,777,200 shares of common stock have been traded in the last five days. There was a gain of $0.19 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 1,372,225 shares traded, while the 50-day average volume stands at 923,804.
UROY stock has increased by 17.13% in the last month. The company shares reached their 1-month lowest point of $2.38 on 08/30/23. With the stock rallying to its 52-week high on 09/26/23, shares of the company touched a low of $1.81 and a high of $3.18 in 52 weeks. It has reached a new high 12 times so far this year and achieved 24.05% or $0.57 in price. In spite of this, the price is down -7.55% from the 52-week high.
Valuation Metrics
Uranium Royalty Corp (UROY) stock’s beta is 1.73. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 28.85, the price-to-book (PB) ratio at 2.18.
Financial Health
The quick ratio of Uranium Royalty Corp for the recent quarter was 55.84, and the current ratio was 156.79, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the recent quarter. Its gross profit as reported stood at $2.12 million compared to revenue of $10.42 million.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$4.48 million in the quarter, while revenues were grew 100.0%. At the end of the recent quarter, Uranium Royalty Corp’s stock balance sheet showed total liabilities of 0.64 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Uranium Royalty Corp (UROY) price momentum. RSI 9-day as of the close on 27 September was 60.43%, suggesting the stock is Neutral, with historical volatility in this time frame at 72.20%.
As of today, UROY’s price is $2.93 +6.91% or $0.19 from its 5-day moving average. UROY is currently trading +19.51% higher than its 20-day SMA and +57.22% higher than its 100-day SMA. However, the stock’s current price level is +40.00% above the SMA50 and +21.99% above the SMA200.
The stochastic %K and %D were 79.79% and 78.41%, respectively, and the average true range (ATR) was 0.20. With the 14-day stochastic at 68.42% and the average true range at 0.18, the RSI (14) stands at 61.82%. The stock has reached 0.15 on the 9-day MACD Oscillator while the 14-day reading was at 0.22.
