Uranium Energy (NYSEAMERICAN:UEC) Earns Buy Rating from HC Wainwright

Uranium Energy (NYSEAMERICAN:UEC)‘s stock had its “buy” rating restated by equities researchers at HC Wainwright in a report released on Thursday,Benzinga reports. They presently have a $12.25 target price on the basic materials company’s stock. HC Wainwright’s price objective points to a potential upside of 141.14% from the stock’s previous close.

A number of other analysts have also weighed in on the stock. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the company an “outperform” rating in a report on Wednesday, February 12th. Stifel Nicolaus started coverage on shares of Uranium Energy in a report on Wednesday. They issued a “buy” rating for the company. Stifel Canada raised shares of Uranium Energy to a “strong-buy” rating in a report on Tuesday. Finally, National Bank Financial started coverage on shares of Uranium Energy in a report on Wednesday, February 12th. They issued an “outperform” rating and a $10.00 price target for the company. Four analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $10.63.

Uranium Energy Trading Down 2.1 %

Shares of Uranium Energy stock opened at $5.08 on Thursday. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of -42.33 and a beta of 1.88. Uranium Energy has a 1-year low of $4.06 and a 1-year high of $8.93. The firm’s 50-day moving average price is $6.68 and its two-hundred day moving average price is $6.90.

Institutional Trading of Uranium Energy

A number of institutional investors have recently bought and sold shares of the business. Harbour Investments Inc. boosted its position in shares of Uranium Energy by 947.4% during the fourth quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 3,515 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Uranium Energy by 180.1% during the fourth quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 2,789 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Uranium Energy by 5,130.4% during the third quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 4,720 shares in the last quarter. Generali Investments Management Co LLC bought a new position in shares of Uranium Energy during the fourth quarter worth $30,000. Finally, BNP Paribas bought a new position in shares of Uranium Energy during the third quarter worth $38,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

About Uranium Energy

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.