Investors Purchase High Volume of Uranium Energy Put Options (NYSEAMERICAN:UEC)

Uranium Energy Corp. (NYSEAMERICAN:UEC - Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Stock investors acquired 28,475 put options on the stock. This is an increase of 145% compared to the average volume of 11,641 put options.

Uranium Energy Price Performance

NYSEAMERICAN UEC traded down $0.30 during trading on Friday, hitting $5.68. The stock had a trading volume of 7,945,183 shares, compared to its average volume of 7,297,384. Uranium Energy has a 12 month low of $4.06 and a 12 month high of $8.93. The company has a 50-day moving average price of $6.64. The firm has a market cap of $2.40 billion, a P/E ratio of -47.33 and a beta of 1.88.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. SG Americas Securities LLC increased its position in Uranium Energy by 107.6% during the fourth quarter. SG Americas Securities LLC now owns 351,233 shares of the basic materials company's stock worth $2,350,000 after buying an additional 182,016 shares during the last quarter. Van ECK Associates Corp lifted its holdings in Uranium Energy by 33.2% during the 4th quarter. Van ECK Associates Corp now owns 6,602,890 shares of the basic materials company's stock valued at $44,174,000 after purchasing an additional 1,645,919 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Uranium Energy in the third quarter valued at $12,643,000. Intech Investment Management LLC bought a new position in shares of Uranium Energy in the third quarter valued at about $600,000. Finally, Barclays PLC raised its position in shares of Uranium Energy by 394.5% in the third quarter. Barclays PLC now owns 697,045 shares of the basic materials company's stock valued at $4,329,000 after purchasing an additional 556,081 shares during the period. 62.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on UEC shares. National Bankshares set a $10.00 target price on shares of Uranium Energy and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. HC Wainwright upped their price objective on Uranium Energy from $10.25 to $11.00 and gave the stock a "buy" rating in a report on Monday, December 9th. Finally, National Bank Financial began coverage on Uranium Energy in a research report on Wednesday, February 12th. They issued an "outperform" rating and a $10.00 price objective on the stock.

Uranium Energy Company 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.