Uranium Energy Corp (AMEX: UEC) is -28.28% lower on its value in year-to-date trading and has touched a low of $4.12 and a high of $8.34 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 $4.79 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $4.59, the stock is -6.39% and -16.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.06 million and changing -4.18% at the moment leaves the stock -29.59% off its SMA200. UEC registered -2.75% loss for a year compared to 6-month loss of -28.73%.
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The stock witnessed a 3.61% gain in the last 1 month and extending the period to 3 months gives it a -28.17%, and is -9.29% 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 5.40% over the week and 5.45% over the month.
Uranium Energy Corp (UEC) has around 83 employees, a market worth around $1.88B and $39.17M in sales. Fwd P/E is 53.31. Profit margin for the company is -34.69%. Distance from 52-week low is 11.41% and -44.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.75%).
The EPS is expected to shrink by -22.50% this year
388.0 institutions hold shares in Uranium Energy Corp (UEC), with institutional investors hold 79.86% of the company’s shares. The shares outstanding are 408.78M, and float is at 400.44M with Short Float at 11.81%. Institutions hold 78.28% of the Float.
The top institutional shareholder in the company is MMCAP INTERNATIONAL INC. SPC with over 31.57 million shares valued at $189.73 million. The investor’s holdings represent 7.8122 of the UEC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.99 million shares valued at $174.26 million to account for 7.175 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 24.5 million shares representing 6.0634 and valued at over $147.26 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 6.0535 of the shares totaling 24.46 million with a market value of $147.02 million.
Uranium Energy Corp (UEC) Insider Activity
The most recent transaction is an insider sale by KONG DAVID, the company’s Director. SEC filings show that KONG DAVID sold 26,000 shares of the company’s common stock on Mar 12 ’24 at a price of $6.81 per share for a total of $0.18 million. Following the sale, the insider now owns 0.15 million shares.
Uranium Energy Corp disclosed in a document filed with the SEC on Feb 01 ’24 that DELLA VOLPE VINCENT (Director) sold a total of 84,000 shares of the company’s common stock. The trade occurred on Feb 01 ’24 and was made at $8.17 per share for $0.69 million. Following the transaction, the insider now directly holds 0.19 million shares of the UEC stock.
Still, SEC filings show that on Nov 14 ’23, OBARA PAT (Chief Financial Officer) disposed off 37,755 shares at an average price of $6.05 for $0.23 million. The insider now directly holds 792,877 shares of Uranium Energy Corp (UEC).
