U.S. Energy (NASDAQ:USEG) Lowered to “Sell” Rating by StockNews.com

U.S. Energy (NASDAQ:USEG) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Friday.

Separately, D. Boral Capital restated a “buy” rating and issued a $3.50 price target on shares of U.S. Energy in a research note on Thursday, March 13th.

U.S. Energy Trading Down 2.8 %

NASDAQ USEG opened at $1.37 on Friday. The company has a market cap of $46.33 million, a PE ratio of -1.04 and a beta of 0.69. U.S. Energy has a 12 month low of $0.81 and a 12 month high of $6.40. The stock has a 50 day moving average of $1.99 and a 200-day moving average of $1.63.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in USEG. Geode Capital Management LLC increased its position in U.S. Energy by 27.1% during the 4th quarter. Geode Capital Management LLC now owns 111,528 shares of the energy company’s stock worth $182,000 after buying an additional 23,756 shares during the period. Renaissance Technologies LLC increased its position in U.S. Energy by 24.6% during the 4th quarter. Renaissance Technologies LLC now owns 62,900 shares of the energy company’s stock worth $103,000 after buying an additional 12,400 shares during the period. Finally, Scissortail Wealth Management LLC bought a new position in U.S. Energy during the 4th quarter worth $73,000. Institutional investors own 3.00% of the company’s stock.

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.