On Friday, Uranium Energy Corp (AMEX: UEC) was -1.75% drop from the session before settling in for the closing price of $7.42. A 52-week range for UEC has been $4.06 – $8.67.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Energy sector has jumped its sales by 101.98% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 231.43%. With a float of $402.90 million, this company’s outstanding shares have now reached $410.36 million.
In an organization with 94 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -7649.55%, operating margin of -25179.48%, and the pretax margin is -15292.86%.
Uranium Energy Corp (UEC) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Uranium Energy Corp stocks. The insider ownership of Uranium Energy Corp is 2.07%, while institutional ownership is 70.90%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 231.43% per share during the next fiscal year.
Uranium Energy Corp (AMEX: UEC) Trading Performance Indicators
You can see what Uranium Energy Corp (UEC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13393.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.17 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 6.47 million. That was inferior than the volume of 7.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.19%. Additionally, its Average True Range was 0.40.
During the past 100 days, Uranium Energy Corp’s (UEC) raw stochastic average was set at 70.07%, which indicates a significant increase from 9.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.75% in the past 14 days, which was lower than the 68.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.34, while its 200-day Moving Average is $6.50. However, in the short run, Uranium Energy Corp’s stock first resistance to watch stands at $7.64. Second resistance stands at $8.00. The third major resistance level sits at $8.20. If the price goes on to break the first support level at $7.08, it is likely to go to the next support level at $6.88. The third support level lies at $6.52 if the price breaches the second support level.
Uranium Energy Corp (AMEX: UEC) Key Stats
There are 411,406K outstanding shares of the company, which has a market capitalization of 2.95 billion. As of now, sales total 220 K while income totals -29,220 K. Its latest quarter income was 0 K while its last quarter net income were -19,680 K.
