Uranium Energy Corp [AMEX: UEC] price plunged by -4.50 percent to reach at -$0.26. The company report on September 29, 2023 at 6:30 AM that Uranium Energy Corp Files Fiscal 2023 Annual Report – Another Transformative Year with Record Revenues, Accretive North American Acquisitions, Production Ready in the USA, Debt Free and 100% Unhedged.
NYSE American: UEC.
Highlights of Fiscal 2023 and balance sheet update as of September 28, 2023:.
A sum of 6172641 shares traded at recent session while its average daily volume was at 8.15M shares. Uranium Energy Corp shares reached a high of $5.80 and dropped to a low of $5.51 until finishing in the latest session at $5.52.
The one-year UEC stock forecast points to a potential upside of 20.8. The average equity rating for UEC stock is currently 1.00, 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 $6.97 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 1.00. 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.
TD Securities have made an estimate for Uranium Energy Corp shares, keeping their opinion on the stock as Speculative Buy, with their previous recommendation back on September 13, 2023.
The Average True Range (ATR) for Uranium Energy Corp is set at 0.29, with the Price to Sales ratio for UEC stock in the period of the last 12 months amounting to 12.96. The Price to Book ratio for the last quarter was 3.31, with the Price to Cash per share for the same quarter was set at 0.12. Price to Free Cash Flow for UEC in the course of the last twelve months was 29.61 with Quick ratio for the last quarter at 4.02.
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 -3.50. With this latest performance, UEC shares gained by 3.95% in over the last four-week period, additionally plugging by 109.09% over the last 6 months – not to mention a rise of 47.59% 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 52.04, with the RSI for the last a single of trading hit 47.62, and the three-weeks RSI is set at 54.60 for Uranium Energy Corp [UEC]. The present Moving Average for the last 50 days of trading for this stock 5.17, while it was recorded at 5.79 for the last single week of trading, and 3.74 for the last 200 days.
Insight into Uranium Energy Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Uranium Energy Corp [UEC] shares currently have an operating margin of +5.46 and a Gross Margin at +17.67. Uranium Energy Corp’s Net Margin is presently recorded at -2.01.
Return on Total Capital for UEC is now 1.87, given the latest momentum, and Return on Invested Capital for the company is -0.69. Return on Equity for this stock declined to -0.69, with Return on Assets sitting at -0.61.
Reflecting on the efficiency of the workforce at the company, Uranium Energy Corp [UEC] managed to generate an average of -$39,843 per employee.Uranium Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.02 and a Current Ratio set at 4.53.
Uranium Energy Corp [UEC] Institutonal Ownership Details
The top three institutional holders of UEC stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in UEC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in UEC stock with ownership which is approximately 5.7994%.