CloudAlpha Capital Management Limited Hong Kong Makes New $3.95 Million Investment in Uranium Energy Corp. (NYSEAMERICAN:UEC)

CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 590,010 shares of the basic materials company's stock, valued at approximately $3,947,000. Uranium Energy comprises about 0.3% of CloudAlpha Capital Management Limited Hong Kong's investment portfolio, making the stock its 22nd biggest holding. CloudAlpha Capital Management Limited Hong Kong owned approximately 0.14% of Uranium Energy at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC lifted its stake in Uranium Energy by 180.1% in the fourth quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company's stock valued at $29,000 after purchasing an additional 2,789 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Uranium Energy by 5,130.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company's stock valued at $30,000 after buying an additional 4,720 shares during the last quarter. BNP Paribas bought a new position in shares of Uranium Energy during the 3rd quarter worth $38,000. National Bank of Canada FI increased its holdings in Uranium Energy by 29.7% in the 3rd quarter. National Bank of Canada FI now owns 7,485 shares of the basic materials company's stock worth $46,000 after acquiring an additional 1,713 shares during the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd raised its stake in Uranium Energy by 21.1% in the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 7,870 shares of the basic materials company's stock valued at $53,000 after acquiring an additional 1,370 shares during the period. 62.28% of the stock is currently owned by institutional investors.

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Uranium Energy Trading Up 6.1 %

Shares of Uranium Energy stock traded up $0.29 on Tuesday, reaching $5.06. The stock had a trading volume of 8,545,731 shares, compared to its average volume of 7,785,560. The stock's 50 day moving average price is $6.81. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.93. The stock has a market capitalization of $2.14 billion, a P/E ratio of -42.17 and a beta of 1.88.

Analyst Ratings Changes

UEC has been the subject of several recent research reports. HC Wainwright lifted their target price on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. National Bank Financial assumed coverage on shares of Uranium Energy in a research note on Wednesday, February 12th. They issued an "outperform" rating and a $10.00 price objective for the company. Finally, National Bankshares set a $10.00 target price on shares of Uranium Energy and gave the company an "outperform" rating in a report on Wednesday, February 12th.

Uranium Energy 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.