How Analysts Feel About Uranium Energy Corp. (UEC)?

As of Thursday close, Uranium Energy Corp.’s (AMEX:UEC) stock was up $0.06, moving up 1.45 percent to $4.19. The average number of shares traded per day over the past five days has been 10,590,700 shares. 3 times new highs have been achieved over the past 5 days, with a $0.24 gain in that time frame. In the last twenty days, the average volume was 8,023,275, while in the previous 50 days, it was 8,113,016.

Since last month, UEC stock rose 11.73%. Shares of the company fell to $3.46 on 01/19/23, the lowest level in the past month. A 52-week high of $6.60 was reached on 02/02/23 after having rallying from a 52-week low of $2.52. Since the beginning of this year, UEC’s stock price has risen by 7.99% or $0.31, and marked a new high 8 times. However, the stock has declined by -36.52% since its 52-week high.

Valuation Metrics

Right now, Uranium Energy Corp. (UEC) has a P/E ratio of about 380.91. The stock’s beta is 2.06. Besides these, the trailing price-to-sales (P/S) ratio of 9.51, the price-to-book (PB) ratio of 2.42.

Financial Health

In the three months ended July 30, Uranium Energy Corp.’s quick ratio stood at 1.50, while its current ratio was 3.10, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 21.40% percent. In the year ended July 30, operating margins totaled 3.80%. Based on annual data, UEC earned $7.29 million in gross profit and brought in $23.16 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.80%. Return on equity (ROE) for the past 12 months was 1.00%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. UEC’s revenue rose 100.0% during the quarter, while net income inched up to $57.29 million. While analysts expected Uranium Energy Corp. to report -$0.01 quarterly earnings, the actual figure was $0.02 per share. During the quarter, the company generated $4.08 million in EBITDA. The liabilities of Uranium Energy Corp. were 114.05 million at the end of its most recent quarter ended July 30, and its total debt was $1.18 million. The value of shareholders’ equity is $369.8 million.

Technical Picture

This quick technical analysis looks at Uranium Energy Corp.’s (UEC) price momentum. With a historical volatility rate of 20.28%, the RSI 9-day stood at 70.99% on 02 February.

With respect to its five-day moving average, the current Uranium Energy Corp. price is up by +6.08% percent or $0.24. At present, UEC shares trade +14.48% above its 20-day simple moving average and -5.63% percent below its 100-day simple moving average. However, the stock is currently trading approximately +8.27% above its SMA50 and -27.00% below its SMA200.

Stochastic coefficient K was 79.45% and Stochastic coefficient D was 77.50%, while ATR was 0.23. Given the Stochastic reading of 87.13% for the 14-day period, the RSI (14) reading has been calculated as 64.89%. As of today, the MACD Oscillator reading stands at 0.10, while the 14-day reading stands at 0.20.

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