U.S. Energy Corp. (USEG) Stock: Evaluating the Market Performance

Moreover, the 36-month beta value for USEG is 0.46. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for USEG is 6.27M and currently, short sellers hold a 0.42% of that float. On October 07, 2024, USEG’s average trading volume was 85.93K shares.

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USEG) stock’s latest price update

The stock price of U.S. Energy Corp. (NASDAQ: USEG) has dropped by -10.06 compared to previous close of 1.49. Despite this, the company has seen a gain of 14.54% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-11 that U.S. Energy Corp. (NASDAQ:USEG ) Q2 2024 Earnings Conference Call August 8, 2024 11:30 AM ET Company Participants Mason McGuire – Director of Corporate Development Ryan Smith – President, Chief Executive Officer & Director Mark Zajac – Chief Financial Officer Conference Call Participants Jesse Sobelson – EF Hutton Charles Meade – Johnson Rice Operator Greetings. Welcome to the U.S. Energy Corporation’s Second Quarter 2024 Results Conference Call.

USEG’s Market Performance

U.S. Energy Corp. (USEG) has experienced a 14.54% rise in stock performance for the past week, with a 47.10% rise in the past month, and a 18.59% rise in the past quarter. The volatility ratio for the week is 15.40%, and the volatility levels for the past 30 days are at 7.21% for USEG. The simple moving average for the past 20 days is 30.75% for USEG’s stock, with a 26.12% simple moving average for the past 200 days.

Analysts’ Opinion of USEG

Many brokerage firms have already submitted their reports for USEG stocks, with Johnson Rice repeating the rating for USEG by listing it as a “Accumulate.” The predicted price for USEG in the upcoming period, according to Johnson Rice is $3.75 based on the research report published on October 26, 2022 of the previous year 2022.

Global Hunter Securities gave a rating of “Accumulate” to USEG, setting the target price at $4.50 in the report published on May 14th of the previous year.

USEG Trading at 36.14% from the 50-Day Moving Average

After a stumble in the market that brought USEG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.75% of loss for the given period.

Volatility was left at 7.21%, however, over the last 30 days, the volatility rate increased by 15.40%, as shares surge +54.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.24% upper at present.

During the last 5 trading sessions, USEG rose by +14.54%, which changed the moving average for the period of 200-days by +27.63% in comparison to the 20-day moving average, which settled at $1.0484. In addition, U.S. Energy Corp. saw 34.00% 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 USEG starting from Smith Ryan Lewis, who purchase 500 shares at the price of $1.30 back on Oct 01 ’24. After this action, Smith Ryan Lewis now owns 879,114 shares of U.S. Energy Corp., valued at $650 using the latest closing price.

Smith Ryan Lewis, the CEO of U.S. Energy Corp., purchase 500 shares at $1.27 during a trade that took place back on Oct 02 ’24, which means that Smith Ryan Lewis is holding 879,614 shares at $635 based on the most recent closing price.

Stock Fundamentals for USEG

Current profitability levels for the company are sitting at:

  • -0.53 for the present operating margin
  • 0.1 for the gross margin

The net margin for U.S. Energy Corp. stands at -1.46. The total capital return value is set at -0.23. Equity return is now at value -71.57, with -43.01 for asset returns.

Based on U.S. Energy Corp. (USEG), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is -74.43.

Currently, EBITDA for the company is 3.05 million with net debt to EBITDA at -1.13. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 12.2for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.

Conclusion

To wrap up, the performance of U.S. Energy Corp. (USEG) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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