Uranium Energy Corp. (AMEX: UEC) is -14.95% lower on its value in year-to-date trading and has touched a low of $2.92 and a high of $6.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UEC stock was last observed hovering at around $3.38 in the last trading session, with the day’s loss setting it -0.08% off its average median price target of $6.80 for the next 12 months. It is also 60.0% off the consensus price target high of $8.25 offered by 6 analysts, but current levels are 45.0% higher than the price target low of $6.00 for the same period.
Currently trading at $3.30, the stock is -9.12% and -12.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.86 million and changing -2.37% at the moment leaves the stock -12.81% off its SMA200. UEC registered -33.47% loss for a year compared to 6-month loss of -25.17%.
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The stock witnessed a -17.91% gain in the last 1 month and extending the period to 3 months gives it a -1.79%, and is -1.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.51% over the week and 4.63% over the month.
Uranium Energy Corp. (UEC) has around 63 employees, a market worth around $1.27B and $158.10M in sales. Current P/E ratio is 300.00. Profit margin for the company is 2.30%. Distance from 52-week low is 13.01% and -50.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.80%).
Uranium Energy Corp. (UEC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Uranium Energy Corp. (UEC) is a “Buy”. 6 analysts offering their recommendations for the stock have an average rating of 1.60, where 0 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Uranium Energy Corp. is expected to release its quarterly report on 06/12/2023.The EPS is expected to grow by 126.60% this year.
Uranium Energy Corp. (UEC) Top Institutional Holders
The shares outstanding are 369.80M, and float is at 363.53M with Short Float at 13.44%.
Uranium Energy Corp. (UEC) Insider Activity
A total of 0 insider transactions have happened at Uranium Energy Corp. (UEC) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Uranium Energy Corp. (UEC): Who are the competitors?
The company’s main competitors (and peers) include Ur-Energy Inc. (URG) that is trading -41.38% down over the past 12 months and Centrus Energy Corp. (LEU) that is -12.95% lower over the same period. Denison Mines Corp. (DNN) is -35.98% down on the 1-year trading charts.