Uranium Energy Corp (AMEX:UEC) shares, rose in value, with the stock price up by 0.19% to the previous day’s close as strong demand from buyers drove the stock to $5.26.
Actively observing the price movement in the last trading, the stock closed the session at $5.25. Referring to stock’s 52-week performance, its high was $8.93, and the low was $4.06. On the whole, UEC has fluctuated by -23.44% over the past month.
With the market capitalization of Uranium Energy Corp currently standing at about $2.23 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April.
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 Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of UEC currently trading nearly -13.81% and -22.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.89, while the 7-day volatility ratio is showing 10.21% which for the 30-day chart, stands at 6.36%. Furthermore, Uranium Energy Corp (UEC)’s beta value is 1.97, and its average true range (ATR) is 0.41.
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 0.19% in last session, and over the past year, it shrunk by -24.21%%. In comparison, Ur-Energy Inc. (URG) has moved lower at -0.93%% on the day and was down -45.64% over the past 12 months. On the other hand, the price of Centrus Energy Corp. (LEU) has fallen -4.77%% on the day. The stock, however, is off 107.25% from where it was a year ago. Additionally, there is a gain of 2.84%% for Denison Mines Corp. (DNN) in last trading while the stock has seen an overall depriciation of -20.33%% over the past year.
Data on historical trading for Uranium Energy Corp (AMEX:UEC) indicates that the trading volumes over the past 3 months, they’ve averaged 7.57 million. According to company’s latest data on outstanding shares, there are 419.14 million shares outstanding.
Nearly 2.18% of Uranium Energy Corp’s shares belong to company insiders and institutional investors own 73.98% of the company’s shares. The stock has fallen by -21.38% 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.
