Uranium Energy Corp (UEC) 20 Days SMA touches 7.97%: The odds favor the bear

On Friday, Uranium Energy Corp (AMEX: UEC) opened higher 2.95% from the last session, before settling in for the closing price of $5.08. Price fluctuations for UEC have ranged from $4.12 to $8.34 over the past 52 weeks.

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Energy Sector giant saw their annual sales surged by 152.44% over the last five years. Company’s average yearly earnings per share was noted -22.50% at the time writing. With a float of $400.44 million, this company’s outstanding shares have now reached $408.78 million.

The firm has a total of 83 workers. Let’s measure their productivity. 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 Activity

A key investor’s attitude towards the stock of the Uranium industry is another important factor to consider. The insider ownership of Uranium Energy Corp is 2.04%, while institutional ownership is 70.83%. 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) Earnings and Forecasts

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

Check out the current performance indicators for Uranium Energy Corp (UEC). In the past quarter, the stock posted a quick ratio of 6.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 54.58.

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)

Analysing the last 5-days average volume posted by the [Uranium Energy Corp, UEC], we can find that recorded value of 6.2 million was lower than the volume posted last year of 7.16 million. As of the previous 9 days, the stock’s Stochastic %D was 46.90%. Additionally, its Average True Range was 0.30.

During the past 100 days, Uranium Energy Corp’s (UEC) raw stochastic average was set at 30.75%, which indicates a significant decrease from 60.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.52% in the past 14 days, which was higher than the 60.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.51, while its 200-day Moving Average is $6.53. Now, the first resistance to watch is $5.29. This is followed by the second major resistance level at $5.35. The third major resistance level sits at $5.47. If the price goes on to break the first support level at $5.11, it is likely to go to the next support level at $4.99. Should the price break the second support level, the third support level stands at $4.93.

Uranium Energy Corp (AMEX: UEC) Key Stats

There are currently 408,778K shares outstanding in the company with a market cap of 2.14 billion. Presently, the company’s annual sales total 164,390 K according to its annual income of -3,310 K. Last quarter, the company’s sales amounted to 120 K and its income totaled 2,250 K.