Uranium Energy Corp. (UEC) is set to bring smile on the investors face as Analysts sets mean Target price of $6.87

Uranium Energy Corp. (UEC) is priced at $3.75 after the most recent trading session. At the very opening of the session, the stock price was $3.87 and reached a high price of $3.94, prior to closing the session it reached the value of $3.88. The stock touched a low price of $3.73.Recently in News on December 20, 2022, Uranium Energy Corp Wins Award from the U.S. Department of Energy to Supply 300,000 lbs. U3O8 at $59.50/lb. to the Strategic Uranium Reserve. Uranium Energy Corp (NYSE American: UEC) (the “Company” or “UEC”) is pleased to announce it has won a $17.85 million award to supply 300,000 pounds of U.S. origin uranium concentrates at $59.50/lb. to the U.S. Department of Energy (“DOE”) – National Nuclear Security Administration (“NNSA”). The award is in response to the NNSA’s Request for Proposals (“RFP”) to establish its strategic national Uranium Reserve program. You can read further details here

Uranium Energy Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.93 on 01/03/23, with the lowest value was $3.73 for the same time period, recorded on 01/03/23.

Uranium Energy Corp. (UEC) full year performance was 11.94%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Uranium Energy Corp. shares are logging -43.18% during the 52-week period from high price, and 60.26% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.34 and $6.60.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 5980264 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Uranium Energy Corp. (UEC) recorded performance in the market was -3.35%, having the revenues showcasing -1.83% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.37B, as it employees total of 63 workers.

The Analysts eye on Uranium Energy Corp. (UEC)

During the last month, 0 analysts gave the Uranium Energy Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.85, with a change in the price was noted -0.51. In a similar fashion, Uranium Energy Corp. posted a movement of -11.97% for the period of last 100 days, recording 9,531,143 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for UEC is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical rundown of Uranium Energy Corp. (UEC)

Raw Stochastic average of Uranium Energy Corp. in the period of last 50 days is set at 49.49%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.78%. In the last 20 days, the company’s Stochastic %K was 92.49% and its Stochastic %D was recorded 91.08%.

Considering, the past performance of Uranium Energy Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -3.35%. Additionally, trading for the stock in the period of the last six months notably improved by 21.75%, alongside a boost of 11.94% for the period of the last 12 months. The shares increased approximately by 0.54% in the 7-day charts and went down by 1.90% in the period of the last 30 days. Common stock shares were lifted by -1.83% during last recorded quarter.

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