U.S. Energy (NASDAQ:USEG) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a research report report published on Friday. The brokerage issued a sell rating on the energy company’s stock.

U.S. Energy Price Performance

NASDAQ USEG opened at $1.02 on Friday. 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 stock has a 50-day moving average of $1.10 and a two-hundred day moving average of $1.08. U.S. Energy has a 1-year low of $0.83 and a 1-year high of $1.76.

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

Hedge Funds Weigh In On U.S. Energy

A hedge fund recently raised its stake in U.S. Energy stock. Verity Asset Management Inc. boosted its holdings in U.S. Energy Corp. (NASDAQ:USEG) by 23.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,494 shares of the energy company’s stock after purchasing an additional 17,772 shares during the quarter. Verity Asset Management Inc. owned about 0.37% of U.S. Energy worth $95,000 as of its most recent SEC filing. 3.00% of the stock is currently owned by hedge funds and other institutional investors.

U.S. Energy Company Profile

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.