SG Americas Securities LLC raised its position in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 107.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 351,233 shares of the basic materials company's stock after acquiring an additional 182,016 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of Uranium Energy worth $2,350,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of UEC. GAMMA Investing LLC lifted its position in Uranium Energy by 180.1% during 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 in the last quarter. Strategic Investment Solutions Inc. IL bought a new position in shares of Uranium Energy in the second quarter worth about $26,000. 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 in the last quarter. Quintet Private Bank Europe S.A. bought a new position in shares of Uranium Energy during the 3rd quarter valued at approximately $33,000. Finally, BNP Paribas purchased a new stake in Uranium Energy in the 3rd quarter worth approximately $38,000. 62.28% of the stock is owned by hedge funds and other institutional investors.
Uranium Energy Price Performance
Shares of UEC traded down $0.94 during midday trading on Monday, reaching $7.07. 12,099,323 shares of the stock were exchanged, compared to its average volume of 8,085,494. The company has a market capitalization of $2.99 billion, a P/E ratio of -58.92 and a beta of 1.89. The firm has a 50 day moving average price of $6.63. Uranium Energy Corp. has a 52 week low of $4.06 and a 52 week high of $8.93.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on UEC shares. Roth Mkm reaffirmed a "buy" rating and set a $10.25 price target (up previously from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd. HC Wainwright upped their target price on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a "buy" rating in a report on Monday, December 9th.
Check Out Our Latest Research Report on UEC
Uranium Energy Company Profile
(
Free Report)
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.
Recommended Stories
Before you consider Uranium Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uranium Energy wasn't on the list.
While Uranium Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
