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

Analysts at StockNews.com initiated coverage on shares of U.S. Energy (NASDAQ:USEG) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the energy company’s stock.

Separately, D. Boral Capital reaffirmed a “buy” rating and issued a $2.00 price objective on shares of U.S. Energy in a research report on Friday, January 3rd.

U.S. Energy Price Performance

Shares of NASDAQ USEG opened at $1.93 on Friday. U.S. Energy has a 1-year low of $0.81 and a 1-year high of $1.96. The company has a market capitalization of $53.97 million, a price-to-earnings ratio of -1.46 and a beta of 0.63. The business has a 50-day moving average of $1.63 and a 200-day moving average of $1.28.

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.