Uranium Energy (NYSEAMERICAN:UEC) PT Set at $10.00 by National Bankshares

National Bankshares set a $10.00 price objective on Uranium Energy (NYSEAMERICAN:UEC - Free Report) in a report published on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the basic materials company's stock.

A number of other equities research analysts also recently issued reports on UEC. Roth Mkm reiterated a "buy" rating and issued a $10.25 price objective (up previously from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright raised their price objective 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. Finally, National Bank Financial assumed coverage on shares of Uranium Energy in a report on Wednesday. They set an "outperform" rating and a $10.00 target price for the company.

Uranium Energy Trading Down 8.5 %

Shares of UEC stock traded down $0.59 during trading on Wednesday, hitting $6.39. The company's stock had a trading volume of 9,785,197 shares, compared to its average volume of 6,495,250. The business's fifty day moving average is $6.64. Uranium Energy has a 52 week low of $4.06 and a 52 week high of $8.93. The company has a market cap of $2.70 billion, a P/E ratio of -53.25 and a beta of 1.88.

Institutional Investors Weigh In On Uranium Energy

A number of hedge funds have recently modified their holdings of the business. Harbour Investments Inc. lifted its stake in Uranium Energy by 947.4% in the 4th quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company's stock worth $26,000 after purchasing an additional 3,515 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Uranium Energy by 180.1% in the fourth quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company's stock worth $29,000 after buying an additional 2,789 shares in the last quarter. Generali Investments Management Co LLC purchased a new position in shares of Uranium Energy in the fourth quarter valued at $30,000. Farther Finance Advisors LLC increased its position in Uranium Energy by 5,130.4% in the third quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company's stock worth $30,000 after purchasing an additional 4,720 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. purchased a new stake in Uranium Energy during the third quarter valued at $33,000. Institutional investors own 62.28% of the company's stock.

About Uranium Energy

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.