Uranium Energy Corp (AMEX:UEC) shares, rose in value, with the stock price down by -1.18% to the previous day’s close as strong demand from buyers drove the stock to $5.86.
Actively observing the price movement in the last trading, the stock closed the session at $5.93. Referring to stock’s 52-week performance, its high was $8.34, and the low was $3.20. On the whole, UEC has fluctuated by -6.09% over the past month.
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Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UEC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of UEC currently trading nearly -4.68% and -10.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.32, while the 7-day volatility ratio is showing 5.65% which for the 30-day chart, stands at 4.43%. Furthermore, Uranium Energy Corp (UEC)’s beta value is 1.86, and its average true range (ATR) is 0.31.
A comparison of Uranium Energy Corp (UEC) with its peers suggests the former has fared considerably weaker in the market. UEC showed an intraday change of -1.18% in last session, and over the past year, it grew by 73.37%%.
Data on historical trading for Uranium Energy Corp (AMEX:UEC) indicates that the trading volumes over the past 3 months, they’ve averaged 6.14 million. According to company’s latest data on outstanding shares, there are 408.78 million shares outstanding.
Nearly 1.92% of Uranium Energy Corp’s shares belong to company insiders and institutional investors own 66.40% of the company’s shares. The stock has fallen by -8.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UEC stock heading into the next quarter.