Uranium Energy (UEC) : During the past 4 weeks, traders have been relatively bearish on Uranium Energy (UEC), hence the stock is down -1.75% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.35% relative to the S&P 500. The 4-week change in the price of the stock is -3.74% and the stock has fallen -2.83% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.86% and the 50-Day Moving Average is 1.94%.The 200 Day SMA reached 13.39% Uranium Energy Corp. is up 4.04% in the last 3-month period. Year-to-Date the stock performance stands at -2.83%.
Uranium Energy (UEC) stock is expected to deviate a maximum of $1.04 from the average target price of $2.93 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $4 and the most muted being $2.
For the current week, the company shares have a recommendation consensus of Buy. Uranium Energy (NYSEMKT:UEC): The stock was completely flat for the day, closing at $1.03 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $1.03, the stock touched an intraday high of $1.04 and a low of $1.00. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $1.03. The total trading volume on Friday was 968,025.
Uranium Energy Corp., formerly Carlin Gold Inc., is engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates, on projects located in the United States and Paraguay. The Company utilizes in-situ recovery (ISR) mining. The Company has uranium mine located in the state of Texas, the Palangana Mine, which utilizes ISR mining and extracts uranium oxide (U3O8). The Company has uranium processing facility or mill located in the state of Texas, the Hobson Processing Facility, which processes material from the Palangana Mine into drums of U3O8. The Companys projects include Burke Hollow Project, Goliad Project, Longhorn Project, Salvo Project, Nichols Project, Anderson Project, Workman Creek Project, Los Cuatros Project, Slick Rock Project, Yuty Project and Coronel Oviedo Project.