Uranium Royalty Corp (NASDAQ:UROY) price closed higher on current market day and jumping 4.58% above its previous close.
A look at the daily price movement shows that the last close reads $2.84, with intraday deals fluctuated between $2.79 and $2.98. The company’s 5Y monthly beta was ticking 1.687 while its P/E ratio in the trailing 12-month period read 45.00. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.76 and 52-week low of $1.86. The stock added 32.59% on its value in the past month.
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Uranium Royalty Corp, which has a market valuation of $360.86 million, is expected to release its quarterly earnings report in November.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give UROY a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that UROY’s price is at present 14.32% off the SMA20 and 27.79% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 76.27, with weekly volatility standing at 6.89%. The indicator jumps to 5.48% when calculated based on the past 30 days. Uranium Royalty Corp (NASDAQ:UROY)’s beta value is holding at 1.51, while the average true range (ATR) indicator is currently reading 0.14.
An analysis of the Uranium Royalty Corp (NASDAQ:UROY) stock in terms of its daily trading volume indicates that the 3-month average is 1.48 million. However, this figure increases on the past 10-day timeline to an average of 1.83 million.
Current records show that the company has 120.55M in outstanding shares. The insiders’ percentage holdings are 17.26% of outstanding shares while the percentage share held by institutions stands at 17.36%. The stats also highlight that short interest as of 2024-09-30, stood at 8.43 million shares, which puts the short ratio at the time at 5.84. Notably, we see that shares short in September rose slightly given the previous month’s figure stood at 8.18 million. But the 10.00% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
