Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Uranium Royalty Corp (NASDAQ: UROY) was $2.24 for the day, down -3.03% from the previous closing price of $2.31. In other words, the price has decreased by -$3.03 from its previous closing price. On the day, 2.45 million shares were traded. UROY stock price reached its highest trading level at $2.31 during the session, while it also had its lowest trading level at $2.18.
Ratios:
Our analysis of UROY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 11.93. In the meantime, Its Debt-to-Equity ratio is 0.07 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, B. Riley Securities on October 07, 2024, initiated with a Buy rating and assigned the stock a target price of $3.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UROY now has a Market Capitalization of 299246080 and an Enterprise Value of 281054016. As of this moment, Uranium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.00, and their Forward P/E ratio for the next fiscal year is 33.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.61 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 6.581.
Stock Price History:
Over the past 52 weeks, UROY has reached a high of $3.76, while it has fallen to a 52-week low of $1.86. The 50-Day Moving Average of the stock is -9.87%, while the 200-Day Moving Average is calculated to be -7.90%.
Shares Statistics:
UROY traded an average of 2.21M shares per day over the past three months and 1918740 shares per day over the past ten days. A total of 124.44M shares are outstanding, with a floating share count of 110.45M. Insiders hold about 17.32% of the company’s shares, while institutions hold 14.15% stake in the company. Shares short for UROY as of 1732838400 were 7703909 with a Short Ratio of 3.94, compared to 1730332800 on 8828017.
