Uranium Energy Corp. (NYSEAMERICAN:UEC - Get Free Report)'s stock price gapped down before the market opened on Friday . The stock had previously closed at $7.46, but opened at $7.17. Uranium Energy shares last traded at $7.35, with a volume of 794,317 shares traded.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on UEC shares. Roth Mkm reissued a "buy" rating and set a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd. HC Wainwright lifted their price objective 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.
Get Our Latest Report on UEC
Uranium Energy Stock Performance
The company has a fifty day moving average price of $6.59. The company has a market capitalization of $3.00 billion, a PE ratio of -59.00 and a beta of 1.84.
Uranium Energy (NYSEAMERICAN:UEC - Get Free Report) last announced its quarterly earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. Research analysts expect that Uranium Energy Corp. will post 0.02 EPS for the current year.
Institutional Trading of Uranium Energy
A number of institutional investors and hedge funds have recently bought and sold shares of UEC. B. Riley Wealth Advisors Inc. bought a new stake in Uranium Energy during the third quarter valued at $174,000. Franklin Resources Inc. boosted its position in shares of Uranium Energy by 12.7% during the 3rd quarter. Franklin Resources Inc. now owns 22,245 shares of the basic materials company's stock valued at $138,000 after purchasing an additional 2,505 shares in the last quarter. Tidal Investments LLC grew its stake in Uranium Energy by 11.1% during the third quarter. Tidal Investments LLC now owns 72,402 shares of the basic materials company's stock worth $450,000 after purchasing an additional 7,220 shares during the period. Sanctuary Advisors LLC bought a new stake in Uranium Energy in the third quarter worth approximately $288,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Uranium Energy by 1.8% in the third quarter. Geode Capital Management LLC now owns 9,083,449 shares of the basic materials company's stock valued at $56,419,000 after purchasing an additional 159,921 shares in the last quarter. 62.28% of the stock is currently owned by institutional investors and hedge funds.
Uranium Energy Company Profile
(
Get 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.
Further Reading
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
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
