Uranium Energy Corp. (NYSEAMERICAN:UEC – Get Free Report) was the recipient of unusually large options trading activity on Monday. Investors acquired 9,303 call options on the stock. This is an increase of approximately 72% compared to the typical volume of 5,394 call options.
Uranium Energy Trading Up 5.4 %
Shares of UEC stock traded up $0.30 during trading hours on Monday, hitting $5.84. 4,873,412 shares of the company’s stock were exchanged, compared to its average volume of 7,155,516. The business’s 50 day moving average price is $6.50. Uranium Energy has a fifty-two week low of $4.06 and a fifty-two week high of $8.34. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of -195.33 and a beta of 1.84.
Insider Transactions at Uranium Energy
In other news, CEO Amir Adnani purchased 60,000 shares of the stock in a transaction dated Friday, September 6th. The shares were acquired at an average cost of $4.10 per share, for a total transaction of $246,000.00. Following the acquisition, the chief executive officer now owns 4,242,326 shares of the company’s stock, valued at $17,393,536.60. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Uranium Energy news, CEO Amir Adnani purchased 60,000 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was bought at an average cost of $4.10 per share, for a total transaction of $246,000.00. Following the completion of the purchase, the chief executive officer now owns 4,242,326 shares in the company, valued at approximately $17,393,536.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Scott Melbye acquired 9,500 shares of the stock in a transaction dated Friday, September 6th. The shares were bought at an average price of $4.18 per share, with a total value of $39,710.00. Following the completion of the purchase, the executive vice president now directly owns 988,031 shares of the company’s stock, valued at approximately $4,129,969.58. The disclosure for this purchase can be found here. Corporate insiders own 2.40% of the company’s stock.
Hedge Funds Weigh In On Uranium Energy
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the company. HC Wainwright reiterated a “buy” rating and set a $10.25 price target on shares of Uranium Energy in a research report on Wednesday, August 14th. Roth Mkm reiterated a “buy” rating and issued a $9.00 target price on shares of Uranium Energy in a research note on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Uranium Energy has a consensus rating of “Moderate Buy” and an average price target of $10.19.
Get Our Latest Analysis on UEC
Uranium Energy Company Profile
Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto ParanĂ¡ titanium projects in Paraguay.
Further Reading
- Five stocks we like better than Uranium Energy
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- 3 Uranium Stocks To Gain as Microsoft Goes Nuclear to Power AI
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Biotech Boom Ahead? Key Stocks and ETFs to Watch Now
- Financial Services Stocks Investing
- Why eBay Stock Is the Steady Performer You Can’t Ignore
Receive News & Ratings for Uranium Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uranium Energy and related companies with MarketBeat.com's FREE daily email newsletter.