Ur-Energy Inc. (AMEX: URG) on November 20, 2023, started off the session at the price of $1.67, soaring 2.42% from the previous trading day. During the day, the shares moved up to $1.71 and dropped to $1.65 before settling in for the closing price of $1.65. Within the past 52 weeks, URG’s price has moved between $0.82 and $1.68.
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A company in the Energy sector has dropped its sales by -31.35% annually for the last half of the decade. The company achieved an average annual earnings per share of -43.75%. With a float of $252.38 million, this company’s outstanding shares have now reached $265.99 million.
In an organization with 14 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -72405.26, operating margin of -104178.95, and the pretax margin is -90210.53.
Ur-Energy Inc. (URG) Insider Updates
Observing investor behavior towards Uranium industry stocks is more important than anything else. The insider ownership of Ur-Energy Inc. is 5.12%, while institutional ownership is 46.53%. The most recent insider transaction that took place on Nov 17, was worth 110,469. In this transaction Gen Counsel and Corp Secretary of this company sold 66,588 shares at a rate of $1.66, taking the stock ownership to the 412,895 shares. Before that another transaction happened on Nov 17, when Company’s Director sold 50,527 for $1.66, making the entire transaction worth $84,026. This insider now owns 73,572 shares in total.
Ur-Energy Inc. (URG) Performance Highlights and Predictions
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.07 earnings per share (EPS) for the period falling under the consensus outlook (set at $0) by -$0.07. This company achieved a net margin of -90210.53 while generating a return on equity of -25.90. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -43.75% per share during the next fiscal year.
Ur-Energy Inc. (AMEX: URG) Trading Performance Indicators
Ur-Energy Inc. (URG) is currently performing well based on its current performance indicators. A quick ratio of 5.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 36.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.12, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Ur-Energy Inc. (URG)
Let’s dig in a bit further. During the last 5-days, its volume was 2.16 million. That was better than the volume of 1.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 90.12%. Additionally, its Average True Range was 0.08.
During the past 100 days, Ur-Energy Inc.’s (URG) raw stochastic average was set at 97.50%, which indicates a significant increase from 91.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.31% in the past 14 days, which was lower than the 48.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5428, while its 200-day Moving Average is $1.1677. However, in the short run, Ur-Energy Inc.’s stock first resistance to watch stands at $1.7167. Second resistance stands at $1.7433. The third major resistance level sits at $1.7767. If the price goes on to break the first support level at $1.6567, it is likely to go to the next support level at $1.6233. Assuming the price breaks the second support level, the third support level stands at $1.5967.
Ur-Energy Inc. (AMEX: URG) Key Stats
Market capitalization of the company is 449.52 million based on 265,974K outstanding shares. Right now, sales total 20 K and income totals -17,140 K. The company made 5,750 K in profit during its latest quarter, and -17,190 K in sales during its previous quarter.