Uranium Royalty Corp (NASDAQ:UROY) price is hovering lower on current market day and dropping -0.89% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.13, with intraday deals fluctuating between $2.09 and $2.16. The company’s 5Y monthly beta was ticking 1.686 while its P/E ratio in the trailing 12-month period read 52.78. 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 subtracted -21.23% on its value in the past month.
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Uranium Royalty Corp, which has a market valuation of $282.02 million, is expected to release its quarterly earnings report in January.
On average, analysts have forecast the company’s revenue for the quarter will hit 12.4M, with the likely lows of 12.4M and highs of 12.4M. Staying with the analyst view, there is a consensus estimate of 34.7M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow -18.74% below that which the company brought in the current year earning report.
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% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that UROY’s price is at present -11.11% off the SMA20 and -19.05% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 31.24, with weekly volatility standing at 5.44%. The indicator jumps to 5.75% when calculated based on the past 30 days. Uranium Royalty Corp (NASDAQ:UROY)’s beta value is holding at 1.46, while the average true range (ATR) indicator is currently reading 0.13.
An analysis of the Uranium Royalty Corp (NASDAQ:UROY) stock in terms of its daily trading volume indicates that the 3-month average is 2.14 million. However, this figure increases on the past 10-day timeline to an average of 2.26 million.
Current records show that the company has 124.44M in outstanding shares. The insiders’ percentage holdings are 17.32% of outstanding shares while the percentage share held by institutions stands at 14.98%. The stats also highlight that short interest as of 2024-11-29, stood at 7.7 million shares, which puts the short ratio at the time at 3.99. Notably, we see that shares short in November fall slightly given the previous month’s figure stood at 8.83 million. But the -21.81% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
