Uranium Energy Corp (UEC) Shares See Highest Trading Level at $7.06

As of close of business last night, Uranium Energy Corp’s stock clocked out at $7.06, down -3.02% from its previous closing price of $7.28. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 5135243 shares were traded.

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 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:

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 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 2.85B and an Enterprise Value of 2.83B. For the stock, the TTM Price-to-Sale (P/S) ratio is 48.04 while its Price-to-Book (P/B) ratio in mrq is 3.68. Its current Enterprise Value per Revenue stands at 47.66 whereas that against EBITDA is -1.15k.

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 $2.30. The 50-Day Moving Average of the stock is 7.03, while the 200-Day Moving Average is calculated to be 5.65.

Shares Statistics:

It appears that UEC traded 8.49M shares on average per day over the past three months and 7.11M shares per day over the past ten days. A total of 404.14M shares are outstanding, with a floating share count of 396.75M. Insiders hold about 1.83% of the company’s shares, while institutions hold 63.69% stake in the company. Shares short for UEC as of Mar 15, 2024 were 38.34M with a Short Ratio of 4.51, compared to 34.01M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.49% and a Short% of Float of 9.65%.

Earnings Estimates

As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of $0.01, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0.02, with high estimates of $0.02 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.1 and $0.05 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.02, with 1 analysts recommending between $0.02 and $0.02.

Revenue Estimates

A total of 2 analysts have provided revenue estimates for UEC’s current fiscal year. The highest revenue estimate was $64.8M, while the lowest revenue estimate was $45.2M, resulting in an average revenue estimate of $55M. In the same quarter a year ago, actual revenue was $164.39M, down -66.50% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $97.59M in the next fiscal year. The high estimate is $133.67M and the low estimate is $61.5M. The average revenue growth estimate for next year is up 77.40% from the average revenue estimate for this year.

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