Uranium Energy Corp [AMEX: UEC] traded at a high on Monday, posting a 2.98 gain after which it closed the day’ session at $7.94. The company report on January 31, 2024 at 6:30 AM that Uranium Energy Corp Intersects 6.28% eU3O8 Over 2.9 metres in a 25 metre Step Out from the Roughrider East Zone Deposit.
NYSE American: UEC.
Metallurgical drill hole intersects 3.16% eU3O8 over 43.4 metreswith sub-intervals that grade 4.05% eU3O8 over 12.6 metres and 3.81% eU3O8 over 21.6 metres.
The results of the trading session contributed to over 8955136 shares changing hands. Over the past one week, the price volatility of Uranium Energy Corp stands at 4.92% while the volatility over the past one month is 5.24%.
The market cap for UEC stock reached $3.12 billion, with 392.98 million shares outstanding and 384.26 million shares in the current float. Compared to the average trading volume of 1.07 shares, UEC reached a trading volume of 8955136 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $10.70 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 0.38, with the Price to Sales ratio for UEC stock in the period of the last 12 months amounting to 29.11. The Price to Book ratio for the last quarter was 4.54, with the Price to Cash per share for the same quarter was set at 0.13.
How has UEC stock performed recently?
Uranium Energy Corp [UEC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.50. With this latest performance, UEC shares gained by 14.57% in over the last four-week period, additionally plugging by 107.85% over the last 6 months – not to mention a rise of 99.50% 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 58.81, with the RSI for the last a single of trading hit 58.14, and the three-weeks RSI is set at 59.28 for Uranium Energy Corp [UEC]. The present Moving Average for the last 50 days of trading for this stock 7.07, while it was recorded at 7.77 for the last single week of trading, and 4.89 for the last 200 days.
Uranium Energy Corp [UEC]: Deeper insight into the fundamentals
Uranium Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 3.40.
Earnings analysis for Uranium Energy Corp [UEC]
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/share. 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.
Insider trade positions for Uranium Energy Corp [UEC]
The top three institutional holders of UEC stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in UEC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in UEC stock with ownership which is approximately 5.8325%.
