Trading Day Review: Uranium Energy Corp (UEC) Loses Momentum, Closing at 6.66

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The price of Uranium Energy Corp (AMEX: UEC) closed at $6.66 in the last session, down -1.91% from day before closing price of $6.79. In other words, the price has decreased by $-1.91 from its previous closing price. On the day, 5.04 million shares were traded. UEC stock price reached its highest trading level at $6.78 during the session, while it also had its lowest trading level at $6.61.

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 2691572224 and an Enterprise Value of 2611951104. For the stock, the TTM Price-to-Sale (P/S) ratio is 45.32 while its Price-to-Book (P/B) ratio in mrq is 3.47. Its current Enterprise Value per Revenue stands at 43.98 whereas that against EBITDA is -128.922.

Stock Price History:

The Beta on a monthly basis for UEC is 1.84, which has changed by 1.7073171 over the last 52 weeks, in comparison to a change of 0.23061275 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 $2.30. The 50-Day Moving Average of the stock is -3.51%, while the 200-Day Moving Average is calculated to be 14.52%.

Shares Statistics:

According to the various share statistics, UEC traded on average about 7.60M shares per day over the past 3-months and 5831970 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 64.20% stake in the company. Shares short for UEC as of 1711584000 were 36060270 with a Short Ratio of 4.74, compared to 1709164800 on 36063133. Therefore, it implies a Short% of Shares Outstanding of 36060270 and a Short% of Float of 9.07.

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