U.S. Energy (NASDAQ:USEG) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of U.S. Energy (NASDAQ:USEG) in a report issued on Sunday. The firm set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of U.S. Energy stock opened at $1.32 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.50 and a current ratio of 0.50. U.S. Energy has a 1 year low of $0.81 and a 1 year high of $1.67. The firm’s 50-day simple moving average is $1.17 and its 200-day simple moving average is $1.11. The firm has a market cap of $37.03 million, a PE ratio of -0.83 and a beta of 0.46.

U.S. Energy (NASDAQ:USEG) last released its earnings results on Wednesday, August 7th. The energy company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.01. U.S. Energy had a negative return on equity of 74.13% and a negative net margin of 145.83%. The company had revenue of $6.05 million for the quarter.

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.