A new trading day began on Friday, with Uranium Energy Corp (AMEX: UEC) stock price up 13.05% from the previous day of trading, before settling in for the closing price of $4.75. UEC’s price has ranged from $4.01 to $8.34 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 152.44% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -22.50%. With a float of $400.44 million, this company’s outstanding shares have now reached $408.78 million.
In an organization with 83 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -25.01%, operating margin of -85.96%, and the pretax margin is -39.75%.
Uranium Energy Corp (UEC) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Uranium Industry. The insider ownership of Uranium Energy Corp is 2.04%, while institutional ownership is 70.84%. The most recent insider transaction that took place on Mar 12 ’24, was worth 177,073. In this transaction Director of this company sold 26,000 shares at a rate of $6.81, taking the stock ownership to the 154,085 shares. Before that another transaction happened on Feb 01 ’24, when Company’s Director sold 84,000 for $8.17, making the entire transaction worth $685,983. This insider now owns 186,095 shares in total.
Uranium Energy Corp (UEC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -22.50% per share during the next fiscal year.
Uranium Energy Corp (AMEX: UEC) Trading Performance Indicators
Here are Uranium Energy Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 56.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of Uranium Energy Corp (UEC)
Let’s dig in a bit further. During the last 5-days, its volume was 6.54 million. That was inferior than the volume of 7.19 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 66.44%. Additionally, its Average True Range was 0.33.
During the past 100 days, Uranium Energy Corp’s (UEC) raw stochastic average was set at 34.25%, which indicates a significant decrease from 82.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.34% in the past 14 days, which was higher than the 61.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.61, while its 200-day Moving Average is $6.54. However, in the short run, Uranium Energy Corp’s stock first resistance to watch stands at $5.62. Second resistance stands at $5.86. The third major resistance level sits at $6.15. If the price goes on to break the first support level at $5.09, it is likely to go to the next support level at $4.80. Assuming the price breaks the second support level, the third support level stands at $4.56.
Uranium Energy Corp (AMEX: UEC) Key Stats
With a market capitalization of 2.20 billion, the company has a total of 408,778K Shares Outstanding. Currently, annual sales are 164,390 K while annual income is -3,310 K. The company’s previous quarter sales were 120 K while its latest quarter income was 2,250 K.
