StockNews.com Begins Coverage on U.S. Energy (NASDAQ:USEG)

Equities research analysts at StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a report released on Saturday. The firm set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of USEG stock opened at $1.55 on Friday. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.19. The stock has a 50 day simple moving average of $1.12 and a 200-day simple moving average of $1.10. The company has a market cap of $39.19 million, a price-to-earnings ratio of -0.96 and a beta of 0.49. U.S. Energy has a 12-month low of $0.81 and a 12-month high of $1.67.

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

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.