Ur-Energy Inc. (URG) 20 Days SMA touches -8.66%: The odds favor the bear

Ur-Energy Inc. (AMEX: URG) kicked off on Tuesday, down -4.26% from the previous trading day, before settling in for the closing price of $1.41. Over the past 52 weeks, URG has traded in a range of $0.91-$2.01.

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During the last 5-year period, the sales growth of Energy Sector giant was 18565.87%. While this was happening, its average annual earnings per share was recorded 40.00%. With a float of $273.77 million, this company’s outstanding shares have now reached $281.63 million.

Let’s determine the extent of company efficiency that accounts for 12 employees.

Ur-Energy Inc. (URG) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Uranium Industry. The insider ownership of Ur-Energy Inc. is 2.79%, while institutional ownership is 53.23%. The most recent insider transaction that took place on Jun 24 ’24, was worth 101,739. In this transaction Director of this company sold 73,474 shares at a rate of $1.38, taking the stock ownership to the 73,572 shares. Before that another transaction happened on Jun 21 ’24, when Company’s Director sold 60,000 for $1.43, making the entire transaction worth $85,842. This insider now owns 73,572 shares in total.

Ur-Energy Inc. (URG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 40.00% per share during the next fiscal year.

Ur-Energy Inc. (AMEX: URG) Trading Performance Indicators

Take a look at Ur-Energy Inc.’s (URG) current performance indicators. Last quarter, stock had a quick ratio of 10.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 33.86.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.06 in one year’s time.

Technical Analysis of Ur-Energy Inc. (URG)

Looking closely at Ur-Energy Inc. (AMEX: URG), its last 5-days average volume was 10.63 million, which is a jump from its year-to-date volume of 3.52 million. As of the previous 9 days, the stock’s Stochastic %D was 48.48%. Additionally, its Average True Range was 0.07.

During the past 100 days, Ur-Energy Inc.’s (URG) raw stochastic average was set at 10.61%, which indicates a significant decrease from 28.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.99% in the past 14 days, which was higher than the 47.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6316, while its 200-day Moving Average is $1.6172. However, in the short run, Ur-Energy Inc.’s stock first resistance to watch stands at $1.3900. Second resistance stands at $1.4300. The third major resistance level sits at $1.4550. If the price goes on to break the first support level at $1.3250, it is likely to go to the next support level at $1.3000. Should the price break the second support level, the third support level stands at $1.2600.

Ur-Energy Inc. (AMEX: URG) Key Stats

The company with the Market Capitalisation of 380.20 million has total of 290,452K Shares Outstanding. Its annual sales at the moment are 17,680 K in contrast with the sum of -30,660 K annual income. Company’s last quarter sales were recorded 5,440 K and last quarter income was -5,470 K.