In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Uranium Energy Corp’s stock clocked out at $6.87, down -2.69% from its previous closing price of $7.06. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 5.35 million shares were traded. UEC stock price reached its highest trading level at $7.16 during the session, while it also had its lowest trading level at $6.73.
Ratios:
To gain a deeper understanding of UEC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.36 and its Current Ratio is at 20.56. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 06 ’24 when MELBYE SCOTT bought 9,500 shares for $4.18 per share. The transaction valued at 39,712 led to the insider holds 988,031 shares of the business.
Adnani Amir bought 60,000 shares of UEC for $246,270 on Sep 06 ’24. The President and CEO now owns 4,242,326 shares after completing the transaction at $4.10 per share. On Mar 12 ’24, another insider, KONG DAVID, who serves as the Director of the company, sold 26,000 shares for $6.81 each. As a result, the insider received 177,073 and left with 154,085 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 2906614528 and an Enterprise Value of 3215749888. For the stock, the TTM Price-to-Sale (P/S) ratio is 168.99 while its Price-to-Book (P/B) ratio in mrq is 3.49. Its current Enterprise Value per Revenue stands at 14356.026 whereas that against EBITDA is -59.31.
Stock Price History:
The Beta on a monthly basis for UEC is 1.88, which has changed by -0.08311689 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, UEC has reached a high of $8.93, while it has fallen to a 52-week low of $4.06. The 50-Day Moving Average of the stock is -9.76%, while the 200-Day Moving Average is calculated to be 3.15%.
Shares Statistics:
It appears that UEC traded 7.94M shares on average per day over the past three months and 8017600 shares per day over the past ten days. A total of 419.14M shares are outstanding, with a floating share count of 413.08M. Insiders hold about 2.37% of the company’s shares, while institutions hold 71.21% stake in the company. Shares short for UEC as of 1731628800 were 52566407 with a Short Ratio of 5.76, compared to 1728950400 on 55037776. Therefore, it implies a Short% of Shares Outstanding of 52566407 and a Short% of Float of 13.04.
