In the last trading session, 9,005,502 Uranium Energy Corp. (NYSE:UEC) shares changed hands as the company’s beta touched 2.46. With the company’s per share price at $2.89 changed hands at -$0.07 or -0.02% during last session, the market valuation stood at $674.09 Million. UEC’s last price was a discount, traded about -26.99% off its 52-week high of $3.67. The share price had its 52-week low at $0.82, which suggests the last value was 71.63% up since then. When we look at Uranium Energy Corp.’s average trading volume, we note the 10-day average is 7.46 Million shares, with the 3-month average coming to 5.78 Million.
Analysts gave the Uranium Energy Corp. (UEC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.7. If we narrow down to specifics, the data shows that none out of 4 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, none recommended UEC as a Hold, 4 felt it is a Buy and none rated the stock as Underweight. Uranium Energy Corp.’s EPS for the current quarter is expected to be $0.
Uranium Energy Corp. (NYSE:UEC) trade information
Although UEC has turned red as seen at the end of in last trading. With action -2.36%, the performance over the past five days has been red. The jump to weekly highs of $3.28- on Wednesday, Jun 16 added 11.89% to the stock’s daily price. The company’s shares are showing year-to-date upside of 0.64%, with the 5-day performance at -0.1% in the red. However, in the 30-day time frame, Uranium Energy Corp. (NYSE:UEC) is -0.11% down. Looking at the short shares, we see there were 16.68 Million shares sold at short interest cover period of 2.89 days.
The consensus price target for the stock as assigned by Wall Street analysts is $4.16, meaning bulls need an upside of 43.94% from its current market value. According to analyst projections, UEC’s forecast low is $3.5 with $5 as the target high. To hit the forecast high, the stock’s price needs a +73.01% upsurge from its current level, while the stock would need to tank 21.11% for it to hit the projected low.
Uranium Energy Corp. (UEC) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 20.6%. The 2021 estimates are for Uranium Energy Corp. earnings to increase by 18.2%, but the outlook for the next 5-year period is at 0% per year.
Uranium Energy Corp. (NYSE:UEC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.96% of Uranium Energy Corp. shares while 33.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 34.64%. There are 161 institutions holding the Uranium Energy Corp. stock share, with State Street Corporation the top institutional holder. As of Mar 30, 2021, the company held 8.11% of the shares, roughly 18.88 Million UEC shares worth $54Million.
Blackrock Inc. holds the second largest percentage of outstanding shares, with 6.06% or 14.12 Million shares worth $40.37 Million as of Mar 30, 2021.
Among Mutual Funds, the top two as of May 30, 2021 were SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF and Global X Fds-Global X Uranium ETF. With 19314468 shares estimated at $60.45 Million under it, the former controlled 8.3% of total outstanding shares. On the other hand, Global X Fds-Global X Uranium ETF held about 2.44% of the shares, roughly 5.68 Million shares worth around $17.78 Million.