Uranium Energy (NYSEAMERICAN:UEC – Get Free Report) posted its quarterly earnings data on Thursday. The basic materials company reported ($0.03) earnings per share for the quarter, reports. Uranium Energy had a negative return on equity of 3.05% and a negative net margin of 8.20%.
Uranium Energy Price Performance
UEC stock remained flat at $6.37 during midday trading on Friday. The company had a trading volume of 7,777,536 shares, compared to its average volume of 7,342,279. The stock has a market capitalization of $2.60 billion, a PE ratio of -212.33 and a beta of 1.84. Uranium Energy has a fifty-two week low of $4.06 and a fifty-two week high of $8.34. The stock has a fifty day moving average price of $6.44.
Insider Buying and Selling at Uranium Energy
In other news, EVP Scott Melbye acquired 9,500 shares of the stock in a transaction on Friday, September 6th. The stock was acquired at an average cost of $4.18 per share, for a total transaction of $39,710.00. Following the completion of the transaction, the executive vice president now directly owns 988,031 shares in the company, valued at $4,129,969.58. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other Uranium Energy news, EVP Scott Melbye acquired 9,500 shares of Uranium Energy stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average cost 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Amir Adnani bought 60,000 shares of the stock in a transaction on Friday, September 6th. The shares were acquired at an average cost of $4.10 per share, with a total value of $246,000.00. Following the purchase, the chief executive officer now owns 4,242,326 shares of the company’s stock, valued at approximately $17,393,536.60. The disclosure for this purchase can be found here. Insiders own 2.40% of the company’s stock.
Institutional Trading of Uranium Energy
Analysts Set New Price Targets
A number of equities analysts recently commented on the stock. HC Wainwright reaffirmed a “buy” rating and set a $10.25 price target on shares of Uranium Energy in a research report on Tuesday, September 24th. Roth Mkm raised their target price on shares of Uranium Energy from $9.00 to $9.50 and gave the stock a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $10.31.
Get Our Latest Stock 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 Paraná titanium projects in Paraguay.
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