There is no way Uranium Energy Corp (UEC) can keep these numbers up

With 1.79 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.7 million shares. During the session, the Uranium company that operates in wider Energy sector, reached to the highest price of $7.23 whereas the lowest price it dropped to was $7.0423. The 52-week range on UEC shows that it touched its highest point at $8.93 and its lowest point at $4.06 during that stretch. It currently has a 1-year price target of $11.00. Beta for the stock currently stands at 1.87.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UEC was down-trending over the past week, with a drop of -5.17%, but this was down by -15.48% over a month. Three-month performance surged to 11.20% while six-month performance rose 25.22%. The stock gained 8.01% in the past year, while it has gained 11.72% so far this year. A look at the trailing 12-month EPS for UEC yields -0.13 with Next year EPS estimates of 0.17. For the next quarter, that number is -0.01. This implies an EPS growth rate of 95.33% for this year and 5196.42% for next year.

Float and Shares Shorts:

At present, 419.14 million UEC shares are outstanding with a float of 412.80 million shares on hand for trading. On 2024-11-15, short shares totaled 52.57 million, which was 1278.0 higher than short shares on 1728950400. In addition to Mr. Amir Adnani as the firm’s President, CEO & Director, Mr. Patrick Obara serves as its Senior Vice President of Administration.

Institutional Ownership:

Through their ownership of 0.78477997 of UEC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-31, UEC reported revenue of $17087000.0 and operating income of -$13598000.0. The EBITDA in the recently reported quarter was -$12321000.0 and diluted EPS was -$0.05.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UEC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With UEC analysts setting a high price target of 13.0 and a low target of 10.0, the average target price over the next 12 months is 11.0. Based on these targets, UEC could surge 82.07% to reach the target high and rise by 40.06% to reach the target low. Reaching the average price target will result in a growth of 54.06% from current levels.

Analysts have provided yearly estimates in a range of $0.01408 being high and -$0.02112 being low. For UEC, this leads to a yearly average estimate of -$0.00352. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.