The stock of Uranium Energy Corp (UEC) has gone up by 19.25% for the week, with a 7.40% rise in the past month and a -14.33% drop in the past quarter. The volatility ratio for the week is 7.25%, and the volatility levels for the past 30 days are 6.24% for UEC. The simple moving average for the past 20 days is 3.03% for UEC’s stock, with a -21.48% simple moving average for the past 200 days.
Is It Worth Investing in Uranium Energy Corp (AMEX: UEC) Right Now?
The 36-month beta value for UEC is also noteworthy at 1.85. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 1 rating it as “sell.”
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The public float for UEC is 400.37M, and at present, short sellers hold a 12.76% of that float. The average trading volume of UEC on September 16, 2024 was 6.82M shares.
UEC) stock’s latest price update
Uranium Energy Corp (AMEX: UEC) has experienced a decline in its stock price by -3.24 compared to its previous closing price of 5.25. However, the company has seen a gain of 19.25% in its stock price over the last five trading days. fool.com reported 2024-09-13 that Nuclear energy became a political talking point as candidates push for more domestic energy production. Oracle CEO Larry Ellison said he’s building three nuclear reactors for a new data center.
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 -4.71% 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 -39.09% of loss for the given period.
Volatility was left at 6.24%, however, over the last 30 days, the volatility rate increased by 7.25%, as shares surge +2.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.75% lower at present.
During the last 5 trading sessions, UEC rose by +19.25%, which changed the moving average for the period of 200-days by -20.63% in comparison to the 20-day moving average, which settled at $4.94. In addition, Uranium Energy Corp saw -20.63% 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 MELBYE SCOTT, who purchase 9,500 shares at the price of $4.18 back on Sep 06 ’24. After this action, MELBYE SCOTT now owns 988,031 shares of Uranium Energy Corp, valued at $39,712 using the latest closing price.
Adnani Amir, the President and CEO of Uranium Energy Corp, purchase 60,000 shares at $4.10 during a trade that took place back on Sep 06 ’24, which means that Adnani Amir is holding 4,242,326 shares at $246,270 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.
Based on Uranium Energy Corp (UEC), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -42.79. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -83.98.
Currently, EBITDA for the company is 9.83 million with net debt to EBITDA at 5.94. When we switch over and look at the enterprise to sales, we see a ratio of 50.81. The receivables turnover for the company is 39173000.0for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.86.
Conclusion
In summary, Uranium Energy Corp (UEC) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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.
