Uranium Energy Corp (UEC) is -7.56% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Friday, with Uranium Energy Corp (AMEX: UEC) stock price up 3.36% from the previous day of trading, before settling in for the closing price of $6.85. UEC’s price has ranged from $4.06 to $8.93 over the past 52 weeks.

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Annual sales at Energy sector company grew by 101.98% over the past five years. Meanwhile, its annual earnings per share averaged 114.40%. With a float of $413.08 million, this company’s outstanding shares have now reached $419.14 million.

Let’s look at the performance matrix of the company that is accounted for 94 employees. In terms of profitability, gross margin is -30.32%, operating margin of -338.43%, and the pretax margin is -327.07%.

Uranium Energy Corp (UEC) Insider and Institutional Ownership

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 2.37%, 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 114.40% 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 15.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 174.15.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.20 in one year’s time.

Technical Analysis of Uranium Energy Corp (UEC)

Uranium Energy Corp (AMEX: UEC) saw its 5-day average volume 6.53 million, a negative change from its year-to-date volume of 7.37 million. As of the previous 9 days, the stock’s Stochastic %D was 17.47%. Additionally, its Average True Range was 0.39.

During the past 100 days, Uranium Energy Corp’s (UEC) raw stochastic average was set at 62.01%, which indicates a significant increase from 32.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.33% in the past 14 days, which was higher than the 64.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.66, while its 200-day Moving Average is $6.65. Nevertheless, the first resistance level for the watch stands at $7.27 in the near term. At $7.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.70. If the price goes on to break the first support level at $6.84, it is likely to go to the next support level at $6.61. The third support level lies at $6.41 if the price breaches the second support level.

Uranium Energy Corp (AMEX: UEC) Key Stats

With a market capitalization of 3.00 billion, the company has a total of 423,088K Shares Outstanding. Currently, annual sales are 220 K while annual income is -29,220 K. The company’s previous quarter sales were 17,090 K while its latest quarter income was -20,160 K.