Hot Stock Update: Uranium Energy Corp. (NYSE:UEC)

Uranium Energy Corp. (NYSE:UEC)

H.C. Wainwright Maintains Uranium Energy Corp. (NYSE:UEC)’s stock to Buy with the price target of $3.6. This rating was issued on 4/26/18. The stock recently closed its previous session at $1.44 by showing a percentage change of 0.7% from its previous day closing price of $1.43.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Uranium Energy Corp. (NYSE:UEC) in which Roth Capital Initiates Coverage On Uranium Energy Corp. (NYSE:UEC) to Buy by settling a price target of $3 on 10/25/17. H.C. Wainwright Assumes the stock to Buy on 6/09/15 by stationing a price target of $4.2. Cantor Fitzgerald Upgrades the company’s stock to Buy on 9/02/14 with no specific Price Target. Cantor Fitzgerald Downgrades Uranium Energy Corp. (NYSE:UEC) to Hold with a price target of $1.5.

Uranium Energy Corp. (NYSE:UEC) currently has a consensus Price Target of $3.05. While some analysts have a High Price target for the stock of $3.6 and a Low Price Target of $2.3.

Several sell side analysts reviewed their recommendations on Uranium Energy Corp. (NYSE:UEC) where 1 analyst have rated the stock as Strong Buy, 3 analysts said it’s a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Uranium Energy Corp. (NYSE:UEC) reported its Actual EPS of $-0.03/share. The analysts offering Earnings Estimates for the company were believing that Uranium Energy Corp. (NYSE:UEC) could bring EPS of $-0.02/share. The difference between Actual EPS and Estimated EPS was -0.01 Percent. Thus the company showed an Earnings Surprise of -50 Percent.

Uranium Energy Corp. (NYSE:UEC) has a market capitalization of 253.55 Million. The stock traded with the volume of 1.89 Million shares in the last trading session. The stock touched its high share price of $2.00 on 01/08/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 11/01/17 as $0.96. The company has a 1 Year high price target of $2.71. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -12.06%. The Moving Average SMA50 is -13.44% while SMA200 is -8.91%.

Uranium Energy Corp. (NYSE:UEC) is currently showing its ROA (Return on Assets) of -21.4%. The Return on Investment (ROI) is at 0% while it’s Return on Equity (ROE) value stands at -30.7%. The stock currently shows its YTD (Year to Date) performance of -18.64 percent while its Weekly performance value is -6.49%. The Monthly and Yearly performances are -15.29 percent and 20 percent respectively. The Relative Volume value measured for Uranium Energy Corp. (NYSE:UEC) is 1.6. The Average Volume (3 months) is 1.18 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. UEC has P/E (Price to Earnings ttm) value of 0, Forward P/E of 0, P/C (Price to cash per share) of 20.65 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 0 percent.

Company Profile:

Uranium Energy Corp is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US. The operational management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives the Company ongoing uranium mine-finding and uranium mine development expertise. Uranium Energy Corp is well positioned to capitalize on the current alternative energy boom.