Uranium Energy Corp (UEC) Stock: Navigating the Market Volatility

The stock of Uranium Energy Corp (UEC) has seen a -17.02% decrease in the past week, with a -21.14% drop in the past month, and a -33.22% decrease in the past quarter. The volatility ratio for the week is 7.07%, and the volatility levels for the past 30 days are at 4.94% for UEC. The simple moving average for the last 20 days is -21.16% for UEC stock, with a simple moving average of -28.04% for the last 200 days.

Is It Worth Investing in Uranium Energy Corp (AMEX: UEC) Right Now?

Company’s 36-month beta value is 1.87.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 1 as “sell.”

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The public float for UEC is 400.92M, and currently, short sellers hold a 11.57% ratio of that floaft. The average trading volume of UEC on August 02, 2024 was 6.33M shares.

UEC) stock’s latest price update

The stock of Uranium Energy Corp (AMEX: UEC) has decreased by -10.79 when compared to last closing price of 5.33. Despite this, the company has experienced a -17.02% fall in its stock price over the last five trading sessions. investorplace.com reported 2024-07-24 that Investors eyeing growth should consider top uranium stocks. As AI and tech demand high energy, the U.S. power grid may struggle.

Analysts’ Opinion of UEC

Many brokerage firms have already submitted their reports for UEC stocks, with TD Securities repeating the rating for UEC by listing it as a “Speculative Buy.” The predicted price for UEC in the upcoming period, according to TD Securities is $6 based on the research report published on September 13, 2023 of the previous year 2023.

UEC Trading at -23.80% from the 50-Day Moving Average

After a stumble in the market that brought UEC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.99% of loss for the given period.

Volatility was left at 4.94%, however, over the last 30 days, the volatility rate increased by 7.07%, as shares sank -19.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.09% lower at present.

During the last 5 trading sessions, UEC fell by -16.06%, which changed the moving average for the period of 200-days by -4.18% in comparison to the 20-day moving average, which settled at $5.97. In addition, Uranium Energy Corp saw -25.70% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at UEC starting from KONG DAVID, who sale 26,000 shares at the price of $6.81 back on Mar 12 ’24. After this action, KONG DAVID now owns 154,085 shares of Uranium Energy Corp, valued at $177,073 using the latest closing price.

DELLA VOLPE VINCENT, the Director of Uranium Energy Corp, sale 84,000 shares at $8.17 during a trade that took place back on Feb 01 ’24, which means that DELLA VOLPE VINCENT is holding 186,095 shares at $685,983 based on the most recent closing price.

Stock Fundamentals for UEC

Current profitability levels for the company are sitting at:

  • -0.86 for the present operating margin
  • -0.25 for the gross margin

The net margin for Uranium Energy Corp stands at -0.35. The total capital return value is set at -0.04. Equity return is now at value -1.94, with -1.70 for asset returns.

Currently, EBITDA for the company is 9.83 million with net debt to EBITDA at 6.05. When we switch over and look at the enterprise to sales, we see a ratio of 47.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.86.

Conclusion

In a nutshell, Uranium Energy Corp (UEC) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

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