Uranium Energy Corp (AMEX: UEC) Rose 46.72% From Its 52-Week Low; YTD Numbers Rose 13.90% – Here Are Some Things To Keep In Mind

During the recent session, Uranium Energy Corp (AMEX:UEC)’s traded shares were 1.1 million, with the beta value of the company hitting 1.87. The 52-week high for the UEC share is $8.93, that puts it down -17.19 from that peak though still a striking 46.72% gain since the share price plummeted to a 52-week low of $4.06. The company’s market capitalization is $3.22B, and the average intraday trading volume over the past 10 days was 7.61 million shares, and the average trade volume was 8.42 million shares over the past three months.

Uranium Energy Corp (UEC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. UEC has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

Uranium Energy Corp (AMEX:UEC) trade information

The stock’s 5-day price performance is 5.39%, and it has moved by -6.96% in 30 days. Based on these gigs, the overall price performance for the year is 20.38%. The short interest in Uranium Energy Corp (AMEX:UEC) is 52.57 million shares and it means that shorts have 5.37 day(s) to cover.

The consensus price target of analysts on Wall Street is $9.88, which implies an increase of 22.87% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.5 and $10.25 respectively. As a result, UEC is trading at a discount of -34.51% off the target high and -24.67% off the low.

Uranium Energy Corp (UEC) estimates and forecasts

Statistics show that Uranium Energy Corp has outperformed its competitors in share price, compared to the industry in which it operates. Uranium Energy Corp (UEC) shares have gone up 26.79% during the last six months, with a year-to-date growth rate more than the industry average at 122.22% against 7.90.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.49%. While earnings are projected to return 95.33% in 2025.

UEC Dividends

Uranium Energy Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Uranium Energy Corp insiders own 2.00% of total outstanding shares while institutional holders control 78.48%, with the float percentage being 80.08%. MMCAP INTERNATIONAL INC. SPC is the largest shareholder of the company, while 404.0 institutions own stock in it. As of 2024-06-30, the company held over 31.57 million shares (or 7.8122% of all shares), a total value of $189.73 million in shares.

The next largest institutional holding, with 28.99 million shares, is of BLACKROCK INC.’s that is approximately 7.175% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $174.26 million.