Uranium Royalty Corp (NASDAQ:UROY) price closed lower on Monday, February 03, and dropping -2.52% below its previous close.
A look at the daily price movement shows that the last close reads $2.38, with intraday deals fluctuated between $2.26 and $2.36. The company’s 5Y monthly beta was ticking 1.686 while its P/E ratio in the trailing 12-month period read 58.00. 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 5.94% on its value in the past month.
Uranium Royalty Corp, which has a market valuation of $309.93 million, is expected to release its quarterly earnings report in March.
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 75% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.13. The overview shows that UROY’s price is at present -2.42% off the SMA20 and -2.56% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 46.82, with weekly volatility standing at 4.18%. The indicator jumps to 5.46% 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 2.23 million. However, this figure increases on the past 10-day timeline to an average of 2.17 million.
Current records show that the company has 124.44M in outstanding shares. The insiders’ percentage holdings are 15.76% of outstanding shares while the percentage share held by institutions stands at 14.54%. 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 5.94% 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.
