U.S. Energy (NASDAQ:USEG) Earns Sell Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note issued to investors on Thursday. The brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of USEG stock opened at $1.02 on Thursday. U.S. Energy has a 12 month low of $0.83 and a 12 month high of $1.76. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.14. The company has a market cap of $25.80 million, a PE ratio of -0.63 and a beta of 0.48. The business’s 50 day moving average is $1.14 and its two-hundred day moving average is $1.09.

U.S. Energy (NASDAQ:USEG) last posted its quarterly earnings data on Thursday, May 9th. The energy company reported ($0.17) earnings per share for the quarter. The business had revenue of $5.39 million during the quarter. U.S. Energy had a negative net margin of 138.09% and a negative return on equity of 62.97%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in U.S. Energy stock. Verity Asset Management Inc. grew its holdings in U.S. Energy Corp. (NASDAQ:USEG) by 23.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 94,494 shares of the energy company’s stock after buying an additional 17,772 shares during the quarter. Verity Asset Management Inc. owned approximately 0.37% of U.S. Energy worth $95,000 at the end of the most recent reporting period. 3.00% of the stock is currently owned by institutional investors and hedge funds.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.