Ur-Energy Inc. [AMEX: URG] stock went on a downward path that fall over -5.46% on Wednesday, amounting to a one-week price decrease of less than -0.57%.
Over the last 12 months, URG stock rose by 74.01%. The one-year Ur-Energy Inc. stock forecast points to a potential upside of 40.14. The average equity rating for URG stock is currently 1.00, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $487.22 million, with 281.63 million shares outstanding and 273.72 million shares in the current float. Compared to the average trading volume of 3.02M shares, URG stock reached a trading volume of 4096035 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Ur-Energy Inc. [URG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for URG shares is $2.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on URG 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.
B. Riley Securities have made an estimate for Ur-Energy Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 02, 2024. While these analysts kept the previous recommendation, FBR Capital raised their target price to Outperform. The new note on the price target was released on September 02, 2016, representing the official price target for Ur-Energy Inc. stock. Previously, the target price had yet another raise to $2.10, while H.C. Wainwright analysts kept a Buy rating on URG stock.
The Average True Range (ATR) for Ur-Energy Inc. is set at 0.08, with the Price to Sales ratio for URG stock in the period of the last 12 months amounting to 43.39. The Price to Book ratio for the last quarter was 6.33, with the Price to Cash per share for the same quarter was set at 0.19.
URG Stock Performance Analysis:
Ur-Energy Inc. [URG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.57. With this latest performance, URG shares gained by 2.37% in over the last four-week period, additionally plugging by 2.37% over the last 6 months – not to mention a rise of 74.01% 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 URG stock in for the last two-week period is set at 49.10, with the RSI for the last a single of trading hit 46.16, and the three-weeks RSI is set at 50.41 for Ur-Energy Inc. [URG]. The present Moving Average for the last 50 days of trading for this stock 1.6832, while it was recorded at 1.7800 for the last single week of trading, and 1.5829 for the last 200 days.
Insight into Ur-Energy Inc. Fundamentals:
Ur-Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 10.90 and a Current Ratio set at 11.83.
Ur-Energy Inc. [URG] Institutonal Ownership Details
The top three institutional holders of URG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in URG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in URG stock with ownership which is approximately 5.8386%.
