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The closing price of Uranium Energy Corp (AMEX: UEC) was $6.88 for the day, down -2.69% from the previous closing price of $7.07. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 4.37 million shares were traded. UEC stock price reached its highest trading level at $7.22 during the session, while it also had its lowest trading level at $6.83.
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 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:
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 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 2780483328 and an Enterprise Value of 2700861952. For the stock, the TTM Price-to-Sale (P/S) ratio is 46.82 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 45.477 whereas that against EBITDA is -133.31.
Stock Price History:
The Beta on a monthly basis for UEC is 1.83, which has changed by 1.5481482 over the last 52 weeks, in comparison to a change of 0.2160933 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 -1.19%, while the 200-Day Moving Average is calculated to be 19.36%.
Shares Statistics:
UEC traded an average of 7.82M shares per day over the past three months and 6442380 shares per day over the past ten 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 64.19% stake in the company. Shares short for UEC as of 1711584000 were 36060270 with a Short Ratio of 4.61, compared to 1709164800 on 36063133. Therefore, it implies a Short% of Shares Outstanding of 36060270 and a Short% of Float of 9.07.
Earnings Estimates
The current market rating for Uranium Energy Corp (UEC) reflects the collective analysis of 1 analysts closely monitoring its performance.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.
