Uranium Energy Corp (AMEX: UEC) is 20.00% higher on its value in year-to-date trading and has touched a low of $4.06 and a high of $8.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UEC stock was last observed hovering at around $7.68 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $7.68, the stock is -1.75% and 14.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.25 million and changing 0.00% at the moment leaves the stock 18.08% off its SMA200. UEC registered 36.17% gain for a year compared to 6-month gain of 10.66%. The firm has a 50-day simple moving average (SMA 50) of $6.6824 and a 200-day simple moving average (SMA200) of $6.50385.
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The stock witnessed a 7.56% loss in the last 1 month and extending the period to 3 months gives it a 62.37%, and is 7.87% up 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 6.70% over the week and 5.80% over the month.
Uranium Energy Corp (UEC) has around 94 employees, a market worth around $3.16B and $0.22M in sales. Fwd P/E is 55.73. Profit margin for the company is -13045.09%. Distance from 52-week low is 89.16% and -11.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.76%).
with sales reaching $17.1M over the same period.The EPS is expected to grow by 157.24% this year, but quarterly earnings will post 44,833.00% year-over-year.
Uranium Energy Corp (UEC) Top Institutional Holders
401.0 institutions hold shares in Uranium Energy Corp (UEC), with institutional investors hold 79.18% of the company’s shares. The shares outstanding are 410.36M, and float is at 402.90M with Short Float at 13.01%. Institutions hold 77.59% 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 purchase by MELBYE SCOTT, the company’s EXECUTIVE VICE PRESIDENT. SEC filings show that MELBYE SCOTT bought 9,500 shares of the company’s common stock on Sep 06 ’24 at a price of $4.18 per share for a total of $39712.0. Following the purchase, the insider now owns 0.99 million shares.
Uranium Energy Corp disclosed in a document filed with the SEC on Sep 06 ’24 that Adnani Amir (President and CEO) bought a total of 60,000 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $4.10 per share for $0.25 million. Following the transaction, the insider now directly holds 4.24 million shares of the UEC stock.
Still, SEC filings show that on Mar 12 ’24, KONG DAVID (Director) disposed off 26,000 shares at an average price of $6.81 for $0.18 million. The insider now directly holds 154,085 shares of Uranium Energy Corp (UEC).
