Uranium Energy Corp. [UEC] gain 30.68% so far this year. What now?

Uranium Energy Corp. [AMEX: UEC] price surged by 4.07 percent to reach at $0.09. The company report on June 25, 2021 that Uranium Energy Corp. (NYSE American: UEC) Creating Interest, Building Portfolio.

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A sum of 4357647 shares traded at recent session while its average daily volume was at 5.52M shares. Uranium Energy Corp. shares reached a high of $2.36 and dropped to a low of $2.19 until finishing in the latest session at $2.30.

The one-year UEC stock forecast points to a potential upside of 41.18. The average equity rating for UEC stock is currently 1.70, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Uranium Energy Corp. [UEC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UEC shares is $3.91 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UEC stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Canaccord Genuity have made an estimate for Uranium Energy Corp. shares, keeping their opinion on the stock as Speculative Buy, with their previous recommendation back on October 14, 2020. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on October 25, 2017, representing the official price target for Uranium Energy Corp. stock. Previously, the target price had yet another raise to $4.20, while H.C. Wainwright analysts kept a Buy rating on UEC stock. On March 14, 2013, analysts decreased their price target for UEC shares from 1.75 to 1.25.

The Average True Range (ATR) for Uranium Energy Corp. is set at 0.20 The Price to Book ratio for the last quarter was 3.43, with the Price to Cash per share for the same quarter was set at 0.21.

UEC Stock Performance Analysis:

Uranium Energy Corp. [UEC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.88. With this latest performance, UEC shares dropped by -27.22% in over the last four-week period, additionally plugging by 11.11% over the last 6 months – not to mention a rise of 161.63% 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 35.01, with the RSI for the last a single of trading hit 31.21, and the three-weeks RSI is set at 38.73 for Uranium Energy Corp. [UEC]. The present Moving Average for the last 50 days of trading for this stock 2.97, while it was recorded at 2.36 for the last single week of trading, and 2.09 for the last 200 days.

Insight into Uranium Energy Corp. Fundamentals:

Return on Total Capital for UEC is now -16.01, given the latest momentum, and Return on Invested Capital for the company is -16.33. Return on Equity for this stock declined to -21.08, with Return on Assets sitting at -15.19. When it comes to the capital structure of this company, Uranium Energy Corp. [UEC] has a Total Debt to Total Equity ratio set at 32.22. Additionally, UEC Total Debt to Total Capital is recorded at 24.37, with Total Debt to Total Assets ending up at 22.71. Long-Term Debt to Equity for the company is recorded at 32.00, with the Long-Term Debt to Total Capital now at 24.20.

Reflecting on the efficiency of the workforce at the company, Uranium Energy Corp. [UEC] managed to generate an average of -$304,386 per employee.Uranium Energy Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.10 and a Current Ratio set at 6.30.

Uranium Energy Corp. [UEC] Insider Position Details

There are presently around $177 million, or 34.50% of UEC stock, in the hands of institutional investors. The top three institutional holders of UEC stocks are: STATE STREET CORP with ownership of 18,880,893, which is approximately 481.354% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 14,116,821 shares of the stock with an approximate value of $32.47 million in UEC stocks shares; and VANGUARD GROUP INC, currently with $21.43 million in UEC stock with ownership of nearly -0.827% of the company’s market capitalization.

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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 67 institutional holders increased their position in Uranium Energy Corp. [AMEX:UEC] by around 28,041,652 shares. Additionally, 48 investors decreased positions by around 2,682,378 shares, while 20 investors held positions by with 46,262,659 shares. The mentioned changes placed institutional holdings at 76,986,689 shares, according to the latest SEC report filing. UEC stock had 27 new institutional investments in for a total of 4,486,604 shares, while 15 institutional investors sold positions of 1,169,577 shares during the same period.

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