Uranium Energy Corp (UEC) 20 Days SMA touches -2.90%: The odds favor the bear

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Uranium Energy Corp (AMEX: UEC) kicked off on Monday, down -11.74% from the previous trading day, before settling in for the closing price of $8.01. Over the past 52 weeks, UEC has traded in a range of $4.06-$8.93.

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Energy Sector giant saw their annual sales surged by 101.98% over the last five years. While this was happening, its average annual earnings per share was recorded 114.40%. With a float of $413.08 million, this company’s outstanding shares have now reached $419.14 million.

The firm has a total of 94 workers. Let’s measure their productivity. 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 Activity

Our next focus will be how large-scale investors are participating in this stock of the Uranium Industry. The insider ownership of Uranium Energy Corp is 2.37%, while institutional ownership is 70.91%. 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

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

Take a look at Uranium Energy Corp’s (UEC) current performance indicators. Last quarter, 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 173.91.

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)

Analysing the last 5-days average volume posted by the [Uranium Energy Corp, UEC], we can find that recorded value of 9.66 million was better than the volume posted last year of 8.09 million. As of the previous 9 days, the stock’s Stochastic %D was 61.67%. Additionally, its Average True Range was 0.48.

During the past 100 days, Uranium Energy Corp’s (UEC) raw stochastic average was set at 61.81%, which indicates a significant increase from 18.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.85% in the past 14 days, which was higher than the 68.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.67, while its 200-day Moving Average is $6.66. Now, the first resistance to watch is $7.37. This is followed by the second major resistance level at $7.67. The third major resistance level sits at $7.86. If the price goes on to break the first support level at $6.87, it is likely to go to the next support level at $6.68. Should the price break the second support level, the third support level stands at $6.38.

Uranium Energy Corp (AMEX: UEC) Key Stats

The company with the Market Capitalisation of 2.99 billion has total of 423,088K Shares Outstanding. Its annual sales at the moment are 220 K in contrast with the sum of -29,220 K annual income. Company’s last quarter sales were recorded 17,090 K and last quarter income was -20,160 K.