In today’s recent session, 1.43 million shares of the Uranium Energy Corp (AMEX:UEC) have been traded, and its beta is 1.97. Most recently the company’s share price was $5.21, and it changed around -$0.04 or -0.74% from the last close, which brings the market valuation of the company to $2.20B. UEC at last check was trading at a discount to its 52-week high of $8.93, offering almost -71.4% off that amount. The share price’s 52-week low was $4.06, which indicates that the recent value has risen by an impressive 22.07% since then.
Uranium Energy Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended UEC as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Uranium Energy Corp is expected to report earnings per share of 0 for the current quarter.
Uranium Energy Corp (AMEX:UEC) trade information
Instantly UEC has been showing red trend so far today with a performance of -0.74% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.96 on recent trading dayincreased the stock’s daily price by 12.58%. The company’s shares are currently down -22.10% year-to-date, but still down -5.93% over the last five days. On the other hand, Uranium Energy Corp (AMEX:UEC) is -24.14% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9.88, which translates to bulls needing to increase their stock price by 47.27% from its current value. Analyst projections state that UEC is forecast to be at a low of $9.5 and a high of $10.25.
Uranium Energy Corp (UEC) estimates and forecasts
The year-over-year growth rate is expected to be 57,194.64%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 41.4M in revenue for the current quarter. 1 analysts expect Uranium Energy Corp to make 13.5M in revenue for the current ending quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 35,589.66%. Forecasts for the next quarter put sales growth at 0.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.49%.
Uranium Energy Corp (AMEX:UEC)’s Major holders
BLACKROCK INC., with 7.175% or 28.99 million shares worth $174.26 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF were the top two Mutual Funds as of Nov 30, 2024. The former held 27.48 shares worth $142.05 million, making up 6.49% of all outstanding shares. On the other hand, Sprott Uranium Miners ETF held roughly 13.02 shares worth around $67.32 million, which represents about 3.08% of the total shares outstanding.
