The price of Uranium Energy Corp. (AMEX:UEC) shares last traded on Wall Street rose 5.82% to $3.82.
Based on available information, 5 analysts follow Uranium Energy Corp. (AMEX:UEC). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $8.00 and a low of $6.50, we find $6.80. Given the previous closing price of $3.61, this indicates a potential upside of 88.37 percent. UEC stock price is now 15.56% away from the 50-day moving average and 12.91% away from the 200-day moving average. The market capitalization of the company currently stands at $1.36B.
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Among analysts, 0 rate the stock a hold while 5 rate it a buy. Brokers who have rated the stock have averaged $6.98 as their price target over the next twelve months.
In other news, Ballesta Moya Gloria L, Director sold 50,000 shares of the company’s stock on Jul 21. The stock was sold for $160,500 at an average price of $3.21. Upon completion of the transaction, the Director now directly owns 76,730 shares in the company, valued at $0.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 05, Director DELLA VOLPE VINCENT sold 65,000 shares of the business’s stock. A total of $219,447 was realized by selling the stock at an average price of $3.38. This leaves the insider owning 266,326 shares of the company worth $1.02 million. A total of 1.80% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in UEC stock. A new stake in Uranium Energy Corp. shares was purchased by DARK FOREST CAPITAL MANAGEMENT LP during the first quarter worth $1,756,000. MILLENNIUM MANAGEMENT LLC invested $1,547,000 in shares of UEC during the first quarter. In the first quarter, TUDOR INVESTMENT CORP ET AL acquired a new stake in Uranium Energy Corp. valued at approximately $1,359,000. AMUNDI acquired a new stake in UEC for approximately $1,072,000. DYNAMIC TECHNOLOGY LAB PRIVATE LTD purchased a new stake in UEC valued at around $881,000 in the second quarter. In total, there are 301 active investors with 46.10% ownership of the company’s stock.
A candlestick chart of Uranium Energy Corp. (AMEX: UEC) showed a price of $3.5700 on Friday morning. During the past 12 months, Uranium Energy Corp. has had a low of $2.30 and a high of $4.65. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 5.00, and a quick ratio of 2.30. The fifty day moving average price for UEC is $3.3302 and a two-hundred day moving average price translates $3.3817 for the stock.
The latest earnings results from Uranium Energy Corp. (AMEX: UEC) was released for Apr, 2023. According to the Uranium Company, earnings per share came in at -$0.03, missing analysts’ expectations of -$0.02 by -0.01. This compares to $0.03 EPS in the same period last year. The net profit margin was 1.30% and return on equity was 0.30% for UEC. The company reported revenue of $20.22 million for the quarter, compared to $9.89 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 104.38 percent.
Uranium Energy Corp.(UEC) Company Profile
Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Slick Rock project in Colorado; Reno Creek project in Wyoming; Dalton Pass and C de Baca project located in New Mexico; Diabase project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. Uranium Energy Corp. was incorporated in 2003 and is based in Corpus Christi, Texas.
