U.S. Energy (NASDAQ:USEG) Given “Buy” Rating at D. Boral Capital

D. Boral Capital restated their buy rating on shares of U.S. Energy (NASDAQ:USEG) in a report released on Thursday,Benzinga reports. The firm currently has a $3.50 target price on the energy company’s stock.

Separately, StockNews.com upgraded U.S. Energy from a “sell” rating to a “hold” rating in a research note on Thursday.

U.S. Energy Price Performance

NASDAQ:USEG opened at $1.36 on Thursday. The firm has a market capitalization of $47.82 million, a price-to-earnings ratio of -1.03 and a beta of 0.69. U.S. Energy has a one year low of $0.81 and a one year high of $6.40. The business has a fifty day moving average price of $2.03 and a 200-day moving average price of $1.61.

Institutional Investors Weigh In On U.S. Energy

A number of institutional investors have recently bought and sold shares of USEG. Scissortail Wealth Management LLC purchased a new stake in U.S. Energy in the 4th quarter worth $73,000. Renaissance Technologies LLC increased its stake in U.S. Energy by 24.6% in the 4th quarter. Renaissance Technologies LLC now owns 62,900 shares of the energy company’s stock worth $103,000 after buying an additional 12,400 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in U.S. Energy by 27.1% in the 4th quarter. Geode Capital Management LLC now owns 111,528 shares of the energy company’s stock worth $182,000 after buying an additional 23,756 shares in the last quarter. Hedge funds and other institutional investors own 3.00% of the company’s stock.

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.