Stock of Uranium Energy Corp (UEC) performance and profitability takes another direction

A share price of Uranium Energy Corp [UEC] is currently trading at $8.46, up 0.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The UEC shares have gain 14.02% over the last week, with a monthly amount glided 6.28%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Uranium Energy Corp [AMEX: UEC] stock has seen the most recent analyst activity on September 13, 2023, when TD Securities initiated its Speculative Buy rating and assigned the stock a price target of $6. Previously, Canaccord Genuity upgraded its rating to Speculative Buy on June 13, 2022. On April 22, 2022, downgrade downgraded it’s rating to Hold. Canaccord Genuity started tracking the stock assigning a Speculative Buy rating and suggested a price target of $1.50 on October 14, 2020. ROTH Capital initiated its recommendation with a Buy and recommended $3 as its price target on October 25, 2017. In a note dated March 14, 2013, RBC Capital Mkts reiterated an Underperform rating on this stock and revised its target price from $1.75 to $1.25.

Uranium Energy Corp experienced fluctuations in its stock price throughout the past year between $4.06 and $8.67. Currently, Wall Street analysts expect the stock to reach $8.42 within the next 12 months. Uranium Energy Corp [AMEX: UEC] shares were valued at $8.46 at the most recent close of the market. An investor can expect a potential drop of -0.47% based on the average UEC price forecast.

Analyzing the UEC fundamentals

Trailing Twelve Months sales for Uranium Energy Corp [AMEX:UEC] were 0.22M which represents -100.00% decline. Gross Profit Margin for this corporation currently stands at -76.5% with Operating Profit Margin at -251.79%, Pretax Profit Margin comes in at -152.93%, and Net Profit Margin reading is -130.45%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.04 and Total Capital is -0.07.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.32 points at the first support level, and at 8.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.58, and for the 2nd resistance point, it is at 8.70.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Uranium Energy Corp [AMEX:UEC] is 8.05. In addition, the Quick Ratio stands at 5.46 and the Cash Ratio stands at 3.0. Considering the valuation of this stock, the price to sales ratio is 15933.41, the price to book ratio is 4.46.

Transactions by insiders

Recent insider trading involved MELBYE SCOTT, EXECUTIVE VICE PRESIDENT, that happened on Sep 06 ’24 when 9500.0 shares were purchased. President and CEO, Adnani Amir completed a deal on Sep 06 ’24 to buy 60000.0 shares. Meanwhile, Director KONG DAVID sold 26000.0 shares on Mar 12 ’24.

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