Uranium Energy Corp. (AMEX:UEC) has a beta of 2.45. The stock’s Relative Strength Index (RSI) is 56.59, with weekly volatility at 9.84% and ATR at 0.27. The UEC stock’s 52-week price range has touched low of $0.82 and a $3.67 high. Its shares traded higher over the last trading session, gaining 10.20% on 05/17/21. The shares fell to a low of $2.77 before closing at $3.24. Intraday shares traded counted 8.54 million, which was -19.58% lower than its 30-day average trading volume of 7.14M. UEC’s previous close was $2.94 while the outstanding shares total 198.67M.
Investors have identified the Uranium company Uranium Energy Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $685.91 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Uranium Energy Corp. (UEC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For UEC, the company has in raw cash 8.71 million on their books with 17.52 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 14.44 million total, with 19.47 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 0.02 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on UEC sounds very interesting.
Is the stock of UEC attractive?
In related news, Director, KONG DAVID sold 15,000 shares of the company’s stock in a transaction that recorded on May 11. The sale was performed at an average price of 3.07, for a total value of 46,000. As the sale deal closes, the Director, KONG DAVID now sold 55,000 shares of the company’s stock, valued at 176,350. Also, Director, KONG DAVID sold 7,000 shares of the company’s stock in a deal that was recorded on Dec 10. The shares were price at an average price of 1.38 per share, with a total market value of 9,660. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.80%.
4 out of 4 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Uranium Energy Corp.. 0 analysts has assigned a Sell rating on the UEC stock. The 12-month mean consensus price target for the company’s shares has been set at $3.79.