StockNews.com lowered shares of U.S. Energy (NASDAQ:USEG - Free Report) from a hold rating to a sell rating in a research note published on Wednesday morning.
Separately, D. Boral Capital restated a "buy" rating and issued a $3.50 price objective on shares of U.S. Energy in a research report on Friday, January 24th.
View Our Latest Analysis on USEG
U.S. Energy Trading Up 2.1 %
Shares of USEG stock traded up $0.03 during mid-day trading on Wednesday, reaching $1.49. The stock had a trading volume of 332,649 shares, compared to its average volume of 5,500,837. The stock's 50-day moving average price is $2.06 and its two-hundred day moving average price is $1.60. U.S. Energy has a 52-week low of $0.81 and a 52-week high of $6.40. The firm has a market capitalization of $52.39 million, a PE ratio of -1.13 and a beta of 0.69.
Institutional Investors Weigh In On U.S. Energy
A number of large investors have recently modified their holdings of USEG. Scissortail Wealth Management LLC bought a new stake in shares of U.S. Energy during the 4th quarter valued at about $73,000. Geode Capital Management LLC boosted its stake in shares of U.S. Energy by 27.1% during the 4th quarter. Geode Capital Management LLC now owns 111,528 shares of the energy company's stock valued at $182,000 after purchasing an additional 23,756 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of U.S. Energy by 24.6% during the 4th quarter. Renaissance Technologies LLC now owns 62,900 shares of the energy company's stock valued at $103,000 after purchasing an additional 12,400 shares in the last quarter. Institutional investors own 3.00% of the company's stock.
About U.S. Energy
(
Get Free Report)
U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.
Featured Articles
Before you consider U.S. 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 U.S. Energy wasn't on the list.
While U.S. 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.
