Wednesday, September 23, 2020

Uranium Energy Corp. [UEC] Is Currently 8.82 above its 200 Period Moving Avg: What Dose This Mean?

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Uranium Energy Corp. [AMEX: UEC] gained 8.82% on the last trading session, reaching $1.11 price per share at the time. The company report on July 31, 2020 that Uranium Energy Corp Announces Results of Annual General Meeting.

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that, in conjunction with the holding of the Company’s recent annual general meeting of stockholders on July 30, 2020, the following matters were duly ratified by the Company’s stockholders and have now been implemented by the Board of Directors in the following manner:.

Amir Adnani: President and Chief Executive Officer;.

Uranium Energy Corp. represents 183.90 million in outstanding shares, while the company has a total market value of $208.50 million with the latest information. UEC stock price has been found in the range of $1.03 to $1.13.

If compared to the average trading volume of 1.09M shares, UEC reached a trading volume of 1527785 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Uranium Energy Corp. [UEC]:

ROTH Capital have made an estimate for Uranium Energy Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 25, 2017. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on June 09, 2015, representing the official price target for Uranium Energy Corp. stock. Previously, the target price had yet another drop from $1.75 to $1.25, while RBC Capital Mkts kept a Underperform rating on UEC stock.

The Average True Range (ATR) for Uranium Energy Corp. is set at 0.05 The Price to Book ratio for the last quarter was 3.00.

Trading performance analysis for UEC stock

Uranium Energy Corp. [UEC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.74. With this latest performance, UEC shares gained by 11.00% in over the last four-week period, additionally plugging by 142.15% over the last 6 months – not to mention a rise of 8.82% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UEC stock in for the last two-week period is set at 56.82, with the RSI for the last a single of trading hit 57.37, and the three-weeks RSI is set at 55.59 for Uranium Energy Corp. [UEC]. The present Moving Average for the last 50 days of trading for this stock 1.0220, while it was recorded at 1.0540 for the last single week of trading, and 0.9051 for the last 200 days.

Uranium Energy Corp. [UEC]: A deeper dive into fundamental analysis

Return on Total Capital for UEC is now -16.96, given the latest momentum, and Return on Invested Capital for the company is -20.59. Return on Equity for this stock declined to -24.97, with Return on Assets sitting at -17.99. When it comes to the capital structure of this company, Uranium Energy Corp. [UEC] has a Total Debt to Total Equity ratio set at 26.47. Additionally, UEC Total Debt to Total Capital is recorded at 20.93, with Total Debt to Total Assets ending up at 19.45. Long-Term Debt to Equity for the company is recorded at 26.47, with the Long-Term Debt to Total Capital now at 20.93.

Reflecting on the efficiency of the workforce at the company, Uranium Energy Corp. [UEC] managed to generate an average of -$336,329 per employee.Uranium Energy Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.50 and a Current Ratio set at 4.70.

Uranium Energy Corp. [UEC]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Uranium Energy Corp. posted -0.03/share EPS, while the average EPS was predicted by analysts to be reported at -0.02/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -50.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UEC.

An analysis of insider ownership at Uranium Energy Corp. [UEC]

There are presently around $49 million, or 28.20% of UEC stock, in the hands of institutional investors. The top three institutional holders of UEC stocks are: BLACKROCK INC. with ownership of 12,281,857, which is approximately 0.028% of the company’s market cap and around 2.30% of the total institutional ownership; VANGUARD GROUP INC, holding 8,866,473 shares of the stock with an approximate value of $9.84 million in UEC stocks shares; and FALCON EDGE CAPITAL, LP, currently with $3.21 million in UEC stock with ownership of nearly 31.337% of the company’s market capitalization.

Positions in Uranium Energy Corp. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 43 institutional holders increased their position in Uranium Energy Corp. [AMEX:UEC] by around 3,687,875 shares. Additionally, 35 investors decreased positions by around 2,297,966 shares, while 24 investors held positions by with 37,794,451 shares. The mentioned changes placed institutional holdings at 43,780,292 shares, according to the latest SEC report filing. UEC stock had 12 new institutional investments in for a total of 1,040,468 shares, while 11 institutional investors sold positions of 409,664 shares during the same period.

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