The 30.09% Simple Moving Average of Uranium Energy Corp’s (UEC) Stock in the Past 200 Days

In the past week, UEC stock has gone up by 18.07%, with a monthly gain of 52.17% and a quarterly surge of 44.35%. The volatility ratio for the week is 6.24%, and the volatility levels for the last 30 days are 5.80% for Uranium Energy Corp The simple moving average for the last 20 days is 19.80% for UEC stock, with a simple moving average of 30.09% for the last 200 days.

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

The stock has a 36-month beta value of 1.87. Opinions on the stock are mixed, 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 402.90M, and at present, short sellers hold a 14.16% of that float. On October 22, 2024, the average trading volume of UEC was 8.29M shares.

UEC) stock’s latest price update

Uranium Energy Corp (AMEX: UEC)’s stock price has decreased by -0.35 compared to its previous closing price of 8.46. However, the company has seen a 18.07% increase in its stock price over the last five trading sessions. zacks.com reported 2024-10-21 that In the most recent trading session, Uranium Energy (UEC) closed at $8.43, indicating a -0.35% shift from the previous trading day.

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 44.93% 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 -2.66% of loss for the given period.

Volatility was left at 5.80%, however, over the last 30 days, the volatility rate increased by 6.24%, as shares surge +36.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +86.92% upper at present.

During the last 5 trading sessions, UEC rose by +18.07%, which changed the moving average for the period of 200-days by +30.70% in comparison to the 20-day moving average, which settled at $7.04. In addition, Uranium Energy Corp saw 31.72% 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 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:

  • -251.79 for the present operating margin
  • -76.5 for the gross margin

The net margin for Uranium Energy Corp stands at -130.45. The total capital return value is set at -0.07. Equity return is now at value -4.14, with -3.59 for asset returns.

Currently, EBITDA for the company is -50.65 million with net debt to EBITDA at 2.38. When we switch over and look at the enterprise to sales, we see a ratio of 15092.05. The receivables turnover for the company is 0.09for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.05.

Conclusion

To sum up, Uranium Energy Corp (UEC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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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