Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Uranium Energy Corp (AMEX: UEC) closed at $7.37 in the last session, up 2.22% from day before closing price of $7.21. In other words, the price has increased by $2.22 from its previous closing price. On the day, 6.1 million shares were traded. UEC stock price reached its highest trading level at $7.39 during the session, while it also had its lowest trading level at $7.15.
Ratios:
We take a closer look at UEC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.95 and its Current Ratio is at 6.85. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 2978511872 and an Enterprise Value of 2898890752. For the stock, the TTM Price-to-Sale (P/S) ratio is 50.15 while its Price-to-Book (P/B) ratio in mrq is 3.84. Its current Enterprise Value per Revenue stands at 48.811 whereas that against EBITDA is -143.084.
Stock Price History:
Over the past 52 weeks, UEC has reached a high of $8.34, while it has fallen to a 52-week low of $2.44. The 50-Day Moving Average of the stock is 8.22%, while the 200-Day Moving Average is calculated to be 22.89%.
Shares Statistics:
According to the various share statistics, UEC traded on average about 7.12M shares per day over the past 3-months and 6063820 shares per day over the past 10 days. A total of 404.14M shares are outstanding, with a floating share count of 396.96M. Insiders hold about 1.78% of the company’s shares, while institutions hold 63.96% stake in the company. Shares short for UEC as of 1713139200 were 39084231 with a Short Ratio of 5.49, compared to 1710460800 on 38336805. Therefore, it implies a Short% of Shares Outstanding of 39084231 and a Short% of Float of 9.83.
