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The closing price of Uranium Energy Corp (AMEX: UEC) was $8.14 for the day, down -5.35% from the previous closing price of $8.60. In other words, the price has decreased by -$5.35 from its previous closing price. On the day, 7.8 million shares were traded. UEC stock price reached its highest trading level at $8.6162 during the session, while it also had its lowest trading level at $8.03.
Ratios:
Our analysis of UEC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.46 and its Current Ratio is at 8.05. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3348845056 and an Enterprise Value of 3195179520. For the stock, the TTM Price-to-Sale (P/S) ratio is 15222.02 while its Price-to-Book (P/B) ratio in mrq is 4.29. Its current Enterprise Value per Revenue stands at 14264.195 whereas that against EBITDA is -58.931.
Stock Price History:
Over the past 52 weeks, UEC has reached a high of $8.67, while it has fallen to a 52-week low of $4.06. The 50-Day Moving Average of the stock is 15.17%, while the 200-Day Moving Average is calculated to be 25.18%.
Shares Statistics:
UEC traded an average of 8.78M shares per day over the past three months and 10102130 shares per day over the past ten days. A total of 410.36M shares are outstanding, with a floating share count of 401.40M. Insiders hold about 2.43% of the company’s shares, while institutions hold 72.66% stake in the company. Shares short for UEC as of 1730332800 were 52413374 with a Short Ratio of 5.97, compared to 1727654400 on 57053655. Therefore, it implies a Short% of Shares Outstanding of 52413374 and a Short% of Float of 13.0.