Uranium Energy Corp (UEC) kicked off at the price of $7.42: Venture capitalists have an exciting new opportunity

A new trading day began on Friday, with Uranium Energy Corp (AMEX: UEC) stock price up 0.82% from the previous day of trading, before settling in for the closing price of $7.36. UEC’s price has ranged from $4.06 to $8.67 over the past 52 weeks.

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During the last 5-year period, the sales growth of Energy Sector giant was 101.98%. Meanwhile, its annual earnings per share averaged 157.24%. With a float of $402.96 million, this company’s outstanding shares have now reached $410.36 million.

Let’s determine the extent of company efficiency that accounts for 94 employees. 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) Breakdown of a Key Holders of the stock

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 2.05%, while institutional ownership is 72.74%. 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) Recent Fiscal highlights

In its latest quarterly report, released on 7/31/2024, the company reported earnings of -0.02 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 157.24% 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 5.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13988.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 0.14 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 9.3 million, which is a jump from its year-to-date volume of 7.58 million. As of the previous 9 days, the stock’s Stochastic %D was 30.24%. Additionally, its Average True Range was 0.48.

During the past 100 days, Uranium Energy Corp’s (UEC) raw stochastic average was set at 72.89%, which indicates a significant increase from 35.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.32% in the past 14 days, which was lower than the 69.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.85, 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 $8.10. Second resistance stands at $8.78. The third major resistance level sits at $9.22. If the price goes on to break the first support level at $6.99, it is likely to go to the next support level at $6.55. Now, if the price goes above the second support level, the third support stands at $5.87.

Uranium Energy Corp (AMEX: UEC) Key Stats

With a market capitalization of 3.08 billion, the company has a total of 411,406K Shares Outstanding. Currently, annual sales are 220 K while annual income is -29,220 K. The company’s previous quarter sales were 0 K while its latest quarter income was -19,680 K.