Closing Bell Recap: Uranium Energy Corp (UEC) Ends at 6.28, Reflecting a -8.32 Downturn

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Uranium Energy Corp (AMEX: UEC) closed the day trading at $6.28 down -8.32% from the previous closing price of $6.85. In other words, the price has decreased by -$8.32 from its previous closing price. On the day, 6.61 million shares were traded. UEC stock price reached its highest trading level at $6.785 during the session, while it also had its lowest trading level at $6.26.

Ratios:

For a better understanding of UEC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.69. For the most recent quarter (mrq), Quick Ratio is recorded 6.43 and its Current Ratio is at 10.86. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Securities on September 13, 2023, initiated with a Speculative Buy rating and assigned the stock a target price of $6.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when KONG DAVID sold 26,000 shares for $6.81 per share. The transaction valued at 177,073 led to the insider holds 154,085 shares of the business.

DELLA VOLPE VINCENT sold 84,000 shares of UEC for $685,983 on Feb 01 ’24. The Director now owns 186,095 shares after completing the transaction at $8.17 per share. On Nov 16 ’23, another insider, OBARA PAT, who serves as the Chief Financial Officer of the company, sold 4,877 shares for $6.07 each. As a result, the insider received 29,620 and left with 788,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UEC now has a Market Capitalization of 2800132608 and an Enterprise Value of 2481991936. For the stock, the TTM Price-to-Sale (P/S) ratio is 65.54 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at 63.36 whereas that against EBITDA is -78.944.

Stock Price History:

The Beta on a monthly basis for UEC is 1.87, which has changed by 0.90881455 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, UEC has reached a high of $8.34, while it has fallen to a 52-week low of $2.87. The 50-Day Moving Average of the stock is -4.53%, while the 200-Day Moving Average is calculated to be -4.45%.

Shares Statistics:

Over the past 3-months, UEC traded about 6.06M shares per day on average, while over the past 10 days, UEC traded about 4751580 shares per day. A total of 408.78M shares are outstanding, with a floating share count of 400.92M. Insiders hold about 1.92% of the company’s shares, while institutions hold 66.40% stake in the company. Shares short for UEC as of 1719532800 were 43020466 with a Short Ratio of 7.09, compared to 1717113600 on 39319623. Therefore, it implies a Short% of Shares Outstanding of 43020466 and a Short% of Float of 10.7200004.

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