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Insiders Have Traded Uranium Energy Corp. (UEC) Stock In What Way?

The stock of Uranium Energy Corp. (AMEX:UEC) increased by $0.02 on Monday to finish at $4.09, up 0.49 percent. The last five days have seen an average…

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This article was originally published by Fosters Leader

The stock of Uranium Energy Corp. (AMEX:UEC) increased by $0.02 on Monday to finish at $4.09, up 0.49 percent. The last five days have seen an average of 11,977,920 shares of common stock traded. 7 times new highs were reached in the current year, with a gain of $0.21. The average number of shares traded over the last 20 days was 7,425,625, while the average volume over the last 50 days totaled 7,887,086.

UEC stock appreciated 11.14% since last month. On 01/19/23, the company’s shares reached a one-month low of $3.46. The stock touched a high of $6.60 on 01/30/23, after rallying from a low of $2.34 in 52 weeks. The price of UEC stock has risen by 5.41% or $0.21 this year, reaching a new high 7 times. Still, the stock price is down -38.03% from the 52-week high.

Valuation Metrics

Uranium Energy Corp. (UEC) has a trailing price-to-earnings (P/E) ratio of 371.82. Beta for the stock is 2.06. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 9.28, the price-to-book (PB) ratio of 2.36.

Financial Health

For the three months ended October 30, Uranium Energy Corp.’s quick ratio was 1.50, while its current ratio was 3.10, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 21.40% percent. Uranium Energy Corp.’s operating margin stood at 3.80% for the same period. Based on annual data, it had gross profit of $7.29 million and revenue of $23.16 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. UEC’s return on assets (ROA) during the last 12 months has been 0.80%. There was a -0.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 1.00%.

Earnings Surprise

According to Uranium Energy Corp.’s quarterly financial report for the quarter that ended October 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $57.29 million, while revenues rose by 100.0% to $80000.0. It was predicted that Uranium Energy Corp.’s quarterly earnings would be -$0.02, but it ended up being -$0.02. EBITDA was $4.08 million for the quarter. At the end of Uranium Energy Corp.’s most recent quarter ended October 30, its liabilities totaled 114.05 million, while its total debt was $1.01 million. Equity owned by shareholders amounts to $369.8 million.

Technical Picture

Here’s a quick look at Uranium Energy Corp.’s (UEC) price momentum from a technical perspective. As of 30 January, the RSI 9-day stood at 68.88%, suggesting the stock is Neutral, with a 34.65% historical volatility rate.

The stochastic %K and %D were 81.53% and 81.74% respectively, while the average true range (ATR) was 0.22. Based on the 14-day stochastic reading of 76.83%, the RSI (14) reading is 62.66%. On the 9-day MACD Oscillator, the stock is at 0.17, and the 14-day reading is at 0.15.

Analyst Ratings

In its most recent analyst report, Canaccord Genuity raised its rating on Uranium Energy Corp. (AMEX: UEC) to a Speculative buy. Prior to this, analysts firm rated the stock as a Hold.

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