TD Securities lifts Uranium Energy Corp [UEC] price estimate. Who else is bullish?

HAPP Stock

Uranium Energy Corp [AMEX: UEC] closed the trading session at $8.03.

The stocks have a year to date performance of 25.47 percent and weekly performance of -4.74 percent. The stock has been moved at 10.91 percent over the last six months. The stock has performed 26.06 percent around the most recent 30 days and changed 41.12 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 8.45M shares, UEC reached to a volume of 5966030 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $10.61 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 new note on the price target was released on June 13, 2022, representing the official price target for Uranium Energy Corp stock.

The Average True Range (ATR) for Uranium Energy Corp is set at 0.39, with the Price to Sales ratio for UEC stock in the period of the last 12 months amounting to 15016.46. The Price to Book ratio for the last quarter was 4.23, with the Price to Cash per share for the same quarter was set at 0.38.

UEC stock trade performance evaluation

Uranium Energy Corp [UEC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.74. With this latest performance, UEC shares gained by 26.06% in over the last four-week period, additionally plugging by 10.91% over the last 6 months – not to mention a rise of 42.63% 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 65.01, with the RSI for the last a single of trading hit 63.10, and the three-weeks RSI is set at 64.71 for Uranium Energy Corp [UEC]. The present Moving Average for the last 50 days of trading for this stock 6.12, while it was recorded at 7.89 for the last single week of trading, and 6.51 for the last 200 days.

Uranium Energy Corp [UEC]: An insightful look at the core fundamentals

Uranium Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.46 and a Current Ratio set at 8.05.

Uranium Energy Corp [UEC]: Institutional Ownership

There are presently around $78.12%, or 79.72%% of UEC stock, in the hands of institutional investors. The top three institutional holders of UEC stocks are: MMCAP INTERNATIONAL INC. SPC with ownership of 31.57 million shares, which is approximately 7.8122%. BLACKROCK INC., holding 28.99 million shares of the stock with an approximate value of $$174.26 million in UEC stocks shares; and BLACKROCK INC., currently with $$147.26 million in UEC stock with ownership which is approximately 6.0634%.

Most Popular