U.S. Energy (NASDAQ:USEG) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a research report issued to clients and investors on Tuesday. The brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

NASDAQ USEG opened at $1.75 on Tuesday. U.S. Energy has a 1 year low of $0.81 and a 1 year high of $1.91. The company has a fifty day simple moving average of $1.33 and a 200 day simple moving average of $1.14. The company has a market cap of $48.94 million, a P/E ratio of -1.33 and a beta of 0.47.

U.S. Energy Company Profile

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.