Uranium Energy Corp (UEC) average volume reaches $6.95M: Is Wall Street expecting a rally?

On Monday, Uranium Energy Corp (AMEX: UEC) opened higher 2.82% from the last session, before settling in for the closing price of $4.26. Price fluctuations for UEC have ranged from $4.06 to $8.34 over the past 52 weeks.

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During the last 5-year period, the sales growth of Energy Sector giant was 152.44%. Company’s average yearly earnings per share was noted -22.50% at the time writing. With a float of $400.37 million, this company’s outstanding shares have now reached $408.78 million.

Let’s determine the extent of company efficiency that accounts for 83 employees. 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 70.82%. The most recent insider transaction that took place on Sep 06 ’24, was worth 39,712. In this transaction EXECUTIVE VICE PRESIDENT of this company bought 9,500 shares at a rate of $4.18, taking the stock ownership to the 988,031 shares. Before that another transaction happened on Sep 06 ’24, when Company’s President and CEO bought 60,000 for $4.10, making the entire transaction worth $246,270. This insider now owns 4,242,326 shares in total.

Uranium Energy Corp (UEC) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 4/30/2024, the company posted 0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.02) by 0.03. 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 -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 45.71.

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)

Looking closely at Uranium Energy Corp (AMEX: UEC), its last 5-days average volume was 8.01 million, which is a jump from its year-to-date volume of 7.19 million. As of the previous 9 days, the stock’s Stochastic %D was 17.73%. Additionally, its Average True Range was 0.31.

During the past 100 days, Uranium Energy Corp’s (UEC) raw stochastic average was set at 8.72%, which indicates a significant decrease from 21.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.38% in the past 14 days, which was higher than the 63.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.38, while its 200-day Moving Average is $6.49. However, in the short run, Uranium Energy Corp’s stock first resistance to watch stands at $4.43. Second resistance stands at $4.49. The third major resistance level sits at $4.59. If the price goes on to break the first support level at $4.27, it is likely to go to the next support level at $4.17. Should the price break the second support level, the third support level stands at $4.11.

Uranium Energy Corp (AMEX: UEC) Key Stats

There are currently 408,778K shares outstanding in the company with a market cap of 1.79 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.