In recent trading session, Uranium Energy Corp (AMEX:UEC) saw 1.07 million shares changing hands at last check today with its beta currently measuring 1.84. Company’s recent per share price level of $6.82 trading at $0.1 or 1.41% at last check today assigns it a market valuation of $2.75B. That most recent trading price of UEC’s stock is at a discount of -22.29% from its 52-week high price of $8.34 and is indicating a premium of 66.28% from its 52-week low price of $2.30. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.99 million shares which gives us an average trading volume of 8.30 million if we extend that period to 3-months.
Uranium Energy Corp (AMEX:UEC) trade information
Upright in the green today for gaining 1.41%, in the last five days UEC remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $6.82 price level, adding 1.02% to its value on the day. Uranium Energy Corp’s shares saw a change of 6.48% in year-to-date performance and have moved 6.99% in past 5-day. Uranium Energy Corp (AMEX:UEC) showed a performance of 1.87% in past 30-days. Number of shares sold short was 36.06 million shares which calculate 4.21 days to cover the short interests.
Uranium Energy Corp (UEC) estimates and forecasts
Statistics highlight that Uranium Energy Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 34.42% of value to its shares in past 6 months, showing an annual growth rate of 900.00% while that of industry is 13.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 133.30% in the current quarter and calculating 100.00% increase in the next quarter. This year revenue growth is estimated to fall -70.80% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $21 million for the same. And 1 analysts are in estimates of company making revenue of $24 million in the next quarter that will end on Jul 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 39.63% during past 5 years.
UEC Dividends
Uranium Energy Corp is more likely to be releasing its next quarterly report between June 06 and June 10 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Uranium Energy Corp (AMEX:UEC)’s Major holders
Insiders are in possession of 1.65% of company’s total shares while institution are holding 70.70 percent of that, with stock having share float percentage of 71.88%. Investors also watch the number of corporate investors in a company very closely, which is 70.70% institutions for Uranium Energy Corp that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at UEC for having 29.53 million shares of worth $202.13 million. And as of Dec 30, 2023, it was holding 7.31% of the company’s outstanding shares.
The second largest institutional holder is MMCAP International, Inc. SPC, which was holding about 25.3 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 6.26% of outstanding shares, having a total worth of $173.21 million.
On the other hand, Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 20.79 million shares of worth $142.3 million or 5.14% of the total outstanding shares. The later fund manager was in possession of 13.01 million shares on Dec 30, 2023, making its stake of worth around $89.05 million in the company or a holder of 3.22% of company’s stock.
