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UEC’s -27.70% Loss This Week Has Revealed Something We Didn’t Know Before

During the last session, Uranium Energy Corp. (AMEX:UEC)’s traded shares were 20.57 million, with the beta value of the company hitting 2.00. At the…

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This article was originally published by The Marketing Sentinal

During the last session, Uranium Energy Corp. (AMEX:UEC)’s traded shares were 20.57 million, with the beta value of the company hitting 2.00. At the end of the trading day, the stock’s price was $3.08, reflecting an intraday loss of -4.05% or -$0.13. The 52-week high for the UEC share is $6.60, that puts it down -114.29 from that peak though still a striking 38.64% gain since the share price plummeted to a 52-week low of $1.89. The company’s market capitalization is $899.08M, and the average intraday trading volume over the past 10 days was 14.54 million shares, and the average trade volume was 15.42 million shares over the past three months.

Uranium Energy Corp. (UEC) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 1.60. UEC has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.

Uranium Energy Corp. (AMEX:UEC) trade information

Uranium Energy Corp. (UEC) registered a -4.05% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.05% in intraday trading to $3.08 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -27.70%, and it has moved by -46.43% in 30 days. Based on these gigs, the overall price performance for the year is 14.07%. The short interest in Uranium Energy Corp. (AMEX:UEC) is 35.66 million shares and it means that shorts have 3.6 day(s) to cover.

The consensus price target of analysts on Wall Street is $6.48, which implies an increase of 52.47% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.50 and $7.10 respectively. As a result, UEC is trading at a discount of -130.52% off the target high and -78.57% off the low.

Uranium Energy Corp. (UEC) estimates and forecasts

Statistics show that Uranium Energy Corp. has outperformed its competitors in share price, compared to the industry in which it operates. Uranium Energy Corp. (UEC) shares have gone down -40.77% during the last six months, with a year-to-date growth rate more than the industry average at 42.86% against 18.90.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 15.50%. While earnings are projected to return 11.80% in 2022.

UEC Dividends

Uranium Energy Corp. is due to release its next quarterly earnings on December 14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Uranium Energy Corp. insiders own 2.00% of total outstanding shares while institutional holders control 43.58%, with the float percentage being 44.47%. State Street Corporation is the largest shareholder of the company, while 219 institutions own stock in it. As of Dec 30, 2021, the company held over 27.13 million shares (or 10.15% of all shares), a total value of $90.89 million in shares.

The next largest institutional holding, with 16.8 million shares, is of Blackrock Inc.’s that is approximately 6.28% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $56.27 million.

Also, the Mutual Funds coming in first place with the largest holdings of Uranium Energy Corp. (UEC) shares are SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF and Global X Fds-Global X Uranium ETF. Data provided on Dec 30, 2021 indicates that SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF owns about 22.71 million shares. This amounts to just over 8.50 percent of the company’s overall shares, with a $76.09 million market value. The same data shows that the other fund manager holds slightly less at 11.76 million, or about 4.40% of the stock, which is worth about $46.11 million.

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