In yesterday’s Wall Street session, Uranium Energy Corp (AMEX:UEC) shares traded at $4.79, up 1.48% from the previous session.
UEC stock price is now -12.66% away from the 50-day moving average and -26.58% away from the 200-day moving average. The market capitalization of the company currently stands at $1.96B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $6, TD Securities recently initiated with Speculative Buy rating for Uranium Energy Corp (AMEX: UEC). , while the Canaccord Genuity previously rated the stock as ‘Hold’ on April 22, 2022.
In other news, KONG DAVID, Director sold 26,000 shares of the company’s stock on Mar 12 ’24. The stock was sold for $177,073 at an average price of $6.81. Upon completion of the transaction, the Director now directly owns 154,085 shares in the company, valued at $0.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 01 ’24, Director DELLA VOLPE VINCENT sold 84,000 shares of the business’s stock. A total of $685,983 was realized by selling the stock at an average price of $8.17. This leaves the insider owning 186,095 shares of the company worth $0.89 million. A total of 2.04% of the company’s stock is owned by insiders.
During the past 12 months, Uranium Energy Corp has had a low of $4.12 and a high of $8.34. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 10.86, and a quick ratio of 6.43. The fifty day moving average price for UEC is $5.4844 and a two-hundred day moving average price translates $6.52445 for the stock.
The latest earnings results from Uranium Energy Corp (AMEX: UEC) was released for 2024-04-30. The net profit margin was -34.69% and return on equity was -1.94% for UEC.