The stock of Ur-Energy Inc. (AMEX: URG) has decreased by -3.39 when compared to last closing price of 1.77. Despite this, the company has experienced a 3.01% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-19 that The central idea behind cheap speculative stocks under $3 is simple: small-capitalization investments may lever a greater potential for outsized returns. Of course, that depends greatly on the stars aligning perfectly, which rarely happens.
Is It Worth Investing in Ur-Energy Inc. (AMEX: URG) Right Now?
The 36-month beta value for URG is at 1.11. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for URG is 265.72M, and currently, shorts hold a 2.31% of that float. The average trading volume for URG on April 08, 2024 was 3.35M shares.
URG’s Market Performance
URG’s stock has seen a 3.01% increase for the week, with a 2.40% rise in the past month and a 17.12% gain in the past quarter. The volatility ratio for the week is 6.26%, and the volatility levels for the past 30 days are at 5.60% for Ur-Energy Inc. The simple moving average for the last 20 days is 7.89% for URG stock, with a simple moving average of 16.79% for the last 200 days.
Analysts’ Opinion of URG
Many brokerage firms have already submitted their reports for URG stocks, with B. Riley Securities repeating the rating for URG by listing it as a “Buy.” The predicted price for URG in the upcoming period, according to B. Riley Securities is $3 based on the research report published on February 02, 2024 of the current year 2024.
FBR Capital, on the other hand, stated in their research note that they expect to see URG reach a price target of $1. The rating they have provided for URG stocks is “Outperform” according to the report published on September 02nd, 2016.
H.C. Wainwright gave a rating of “Buy” to URG, setting the target price at $2.10 in the report published on June 19th of the previous year.
URG Trading at 2.09% from the 50-Day Moving Average
After a stumble in the market that brought URG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.93% of loss for the given period.
Volatility was left at 5.60%, however, over the last 30 days, the volatility rate increased by 6.26%, as shares surge +8.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.29% lower at present.
During the last 5 trading sessions, URG rose by +2.71%, which changed the moving average for the period of 200-days by +63.94% in comparison to the 20-day moving average, which settled at $1.5918. In addition, Ur-Energy Inc. saw 11.04% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at URG starting from FRANKLIN JAMES M., who sale 10,000 shares at the price of $1.83 back on Jan 30 ’24. After this action, FRANKLIN JAMES M. now owns 616,133 shares of Ur-Energy Inc., valued at $18,260 using the latest closing price.
FRANKLIN JAMES M., the Director of Ur-Energy Inc., sale 5,000 shares at $1.73 during a trade that took place back on Jan 26 ’24, which means that FRANKLIN JAMES M. is holding 616,133 shares at $8,627 based on the most recent closing price.
Stock Fundamentals for URG
Current profitability levels for the company are sitting at:
- -2.4 for the present operating margin
- -1.09 for the gross margin
The net margin for Ur-Energy Inc. stands at -2.17. The total capital return value is set at -0.26. Equity return is now at value -44.63, with -25.95 for asset returns.
Based on Ur-Energy Inc. (URG), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -2.61. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -21.12.
Currently, EBITDA for the company is -27.87 million with net debt to EBITDA at 1.65. When we switch over and look at the enterprise to sales, we see a ratio of 32.72. The receivables turnover for the company is 169.37for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.35.
Conclusion
In conclusion, Ur-Energy Inc. (URG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
