Uranium Energy Corp (AMEX:UEC) price on Thursday, July 11, rose 2.16% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $6.62.
A look at the stock’s price movement, the close in the last trading session was $6.48. Turning to its 52-week performance, $8.34 and $2.87 were the 52-week high and 52-week low respectively. Overall, UEC moved 9.24% over the past month.
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Uranium Energy Corp’s market cap currently stands at around $2.71 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that UEC is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
UEC’s current price about 10.98% and 0.36% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.93, while 7-day volatility ratio is 3.97% and 4.42% in the 30-day chart. Further, Uranium Energy Corp (UEC) has a beta value of 1.86, and an average true range (ATR) of 0.28.
If we refocus on Uranium Energy Corp (AMEX:UEC), historical trading data shows that trading volumes averaged 6.19 million over the past 3 months. The company’s latest data on shares outstanding shows there are 408.78 million shares.
The 1.95% of Uranium Energy Corp’s shares are in the hands of company insiders while institutional holders own 66.43% of the company’s shares. Current price change has pushed the stock 3.44% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UEC stock continues to rise going into the next quarter.
