Uranium Energy Corp (UEC): What Makes The Stock Good?

Uranium Energy Corp (AMEX:UEC) has a beta value of 1.90 and has seen 1.75 million shares traded in the recent trading session. The company, currently valued at $1.94B, closed the recent trade at $4.74 per share which meant it lost -$0.06 on the day or -1.35% during that session. The UEC stock price is -75.95% off its 52-week high price of $8.34 and 24.05% above the 52-week low of $3.60. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.27 million shares traded. The 3-month trading volume is 6.78 million shares.

The consensus among analysts is that Uranium Energy Corp (UEC) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

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Uranium Energy Corp (AMEX:UEC) trade information

Sporting -1.35% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the UEC stock price touched $4.74 or saw a rise of 4.63%. Year-to-date, Uranium Energy Corp shares have moved -26.02%, while the 5-day performance has seen it change 6.88%. Over the past 30 days, the shares of Uranium Energy Corp (AMEX:UEC) have changed -30.37%. Short interest in the company has seen 45.99 million shares shorted with days to cover at 8.22.

Wall Street analysts have a consensus price target for the stock at $6.12, which means that the shares’ value could jump 22.55% from the levels at last check today. The projected low price target is $5.5 while the price target rests at a high of $6.75. In that case, then, we find that the latest price level in today’s session is -42.41% off the targeted high while a plunge would see the stock gain -16.03% from the levels at last check today.

Uranium Energy Corp (UEC) estimates and forecasts

Figures show that Uranium Energy Corp shares have outperformed across the wider relevant industry. The company’s shares have lost -40.37% over the past 6 months, with this year growth rate of 400.00%, compared to 20.00% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 39.63% over the past 5 years.

Uranium Energy Corp (AMEX:UEC)’s Major holders

Insiders own 1.99% of the company shares, while shares held by institutions stand at 77.39% with a share float percentage of 78.96%. Investors are also buoyed by the number of investors in a company, with Uranium Energy Corp having a total of 390.0 institutions that hold shares in the company. The top two institutional holders are MMCAP INTERNATIONAL INC. SPC with over 29.61 million shares worth more than $199.87 million. As of 2024-03-31, MMCAP INTERNATIONAL INC. SPC held 7.515% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 29.56 million shares as of 2024-03-31. The firm’s total holdings are worth over $199.51 million and represent 7.5014% of shares outstanding.