Why Do Investors Buy Stock In Uranium Energy Corp (UEC)?

Uranium Energy Corp (AMEX:UEC) has a beta value of 1.37 and has seen 0.93 million shares traded in the recent trading session. The company, currently valued at $1.98B, closed the recent trade at $4.61 per share which meant it lost -$0.05 on the day or -1.09% during that session. The UEC stock price is -93.71% off its 52-week high price of $8.93 and 11.93% above the 52-week low of $4.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.8 million shares traded. The 3-month trading volume is 8.07 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. The expected earnings per share for the stock is 0.

Uranium Energy Corp (AMEX:UEC) trade information

Sporting -1.09% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the UEC stock price touched $4.61 or saw a rise of 11.85%. Year-to-date, Uranium Energy Corp shares have moved -31.11%, while the 5-day performance has seen it change -12.71%. Over the past 30 days, the shares of Uranium Energy Corp (AMEX:UEC) have changed -12.21%. Short interest in the company has seen 47.82 million shares shorted with days to cover at 5.09.

Wall Street analysts have a consensus price target for the stock at $10.5, which means that the shares’ value could jump 56.1% from the levels at last check today. The projected low price target is $10.5 while the price target rests at a high of $10.5. In that case, then, we find that the latest price level in today’s session is -127.77% off the targeted high while a plunge would see the stock gain -127.77% from the levels at last check today.

Uranium Energy Corp (UEC) estimates and forecasts

The company’s shares have lost -25.78% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 40,712.50%. 1 have an estimated revenue figure of 28.5M for the next ending quarter. 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 5.49% over the past 5 years.

UEC Dividends

Uranium Energy Corp is expected to release its next earnings report on 2025-Mar-11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 1.92% of the company shares, while shares held by institutions stand at 77.95% with a share float percentage of 79.47%. Investors are also buoyed by the number of investors in a company, with Uranium Energy Corp having a total of 447.0 institutions that hold shares in the company. The top two institutional holders are MMCAP INTERNATIONAL INC. SPC with over 31.57 million shares worth more than $189.73 million. As of 2024-06-30, MMCAP INTERNATIONAL INC. SPC held 7.9459% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 28.99 million shares as of 2024-06-30. The firm’s total holdings are worth over $174.26 million and represent 7.2977% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are GLOBAL X FUNDS-Global X Uranium ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. As of Feb 28, 2025, the former fund manager holds about 5.94% shares in the company for having 25.46 shares of worth $117.26 million while later fund manager owns 13.2 shares of worth $60.77 million as of Dec 31, 2024, which makes it owner of about 3.08% of company’s outstanding stock.