In yesterday’s Wall Street session, Uranium Energy Corp (AMEX:UEC) shares traded at $7.54, down -1.95% from the previous session.
UEC stock price is now -3.92% away from the 50-day moving average and 14.21% away from the 200-day moving average. The market capitalization of the company currently stands at $3.19B.
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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, MELBYE SCOTT, EXECUTIVE VICE PRESIDENT bought 9,500 shares of the company’s stock on Sep 06 ’24. The stock was bought for $39,712 at an average price of $4.18. Upon completion of the transaction, the EXECUTIVE VICE PRESIDENT now directly owns 988,031 shares in the company, valued at $7.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 06 ’24, President and CEO Adnani Amir bought 60,000 shares of the business’s stock. A total of $246,270 was incurred on buying the stock at an average price of $4.10. This leaves the insider owning 4,242,326 shares of the company worth $31.99 million. A total of 2.43% of the company’s stock is owned by insiders.
During the past 12 months, Uranium Energy Corp has had a low of $4.06 and a high of $8.93. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 20.56, and a quick ratio of 15.36. The fifty day moving average price for UEC is $7.8304 and a two-hundred day moving average price translates $6.5976 for the stock.
The latest earnings results from Uranium Energy Corp (AMEX: UEC) was released for 2024-07-31. The net profit margin was -306.34% and return on equity was -7.00% for UEC.
