Is Uranium Energy Corp (AMEX: UEC) a smart move or a risky gamble for your portfolio?

IPW

In the last trading session, 7.18 million Uranium Energy Corp (AMEX:UEC) shares changed hands as the company’s beta touched 1.83. With the company’s per share price at $7.17 changed hands at -$0.09 or -1.24% during last session, the market valuation stood at $2.90B. UEC’s last price was a discount, traded about -16.32% off its 52-week high of $8.34. The share price had its 52-week low at $2.30, which suggests the last value was 67.92% up since then. When we look at Uranium Energy Corp’s average trading volume, we note the 3-month average coming to 8.13 million.

Uranium Energy Corp (AMEX:UEC) trade information

Instantly UEC was in red as seen at the end of in last trading. With action 1.56%, the performance over the past five days has been green. The drop to weekly highs of 7.63 subtracted -1.24% to the stock’s daily price. The company’s shares are showing year-to-date upside of 12.03%, with the 5-day performance at 1.56% in the green. However, in the 30-day time frame, Uranium Energy Corp (AMEX:UEC) is 12.56% up.

Uranium Energy Corp (UEC) estimates and forecasts

Data shows that the Uranium Energy Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 40.31% over the past 6 months, a 900.00% in annual growth rate that is considerably higher than the industry average of 19.70%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 39.63%. The 2024 estimates are for Uranium Energy Corp earnings to increase by 196.83%.

UEC Dividends

Uranium Energy Corp is expected to release its next quarterly earnings report in May.