Uranium Royalty Corp (NASDAQ:UROY) price on Wednesday, October 23, fall -4.01% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.87.
A look at the stock’s price movement, the close in the last trading session was $2.99, moving within a range at $2.81 and $3.01. The beta value (5-Year monthly) was 1.687 while the PE ratio in trailing twelve months stood at 43.48. Turning to its 52-week performance, $3.76 and $1.86 were the 52-week high and 52-week low respectively. Overall, UROY moved 13.89% over the past month.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Uranium Royalty Corp’s market cap currently stands at around $348.70 million, with investors looking forward to this quarter’s earnings report slated for in November.
Turning to the stock’s technical picture we see that short term indicators suggest on average that UROY is a 100% Buy. 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 50% Buy category.
UROY’s current price about 7.49% and 20.70% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 63.11, while 7-day volatility ratio is 6.27% and 5.65% in the 30-day chart. Further, Uranium Royalty Corp (UROY) has a beta value of 1.51, and an average true range (ATR) of 0.15.
If we refocus on Uranium Royalty Corp (NASDAQ:UROY), historical trading data shows that trading volumes averaged 2.28 over the past 10 days and 1.59 million over the past 3 months. The company’s latest data on shares outstanding shows there are 120.55 million shares.
The 17.26% of Uranium Royalty Corp’s shares are in the hands of company insiders while institutional holders own 17.41% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.43 million on 2024-09-30, giving us a short ratio of 5.84. Current price change has pushed the stock 6.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UROY stock continues to rise going into the next quarter.
