Uranium Energy (UEC) : During the past 4 weeks, traders have been relatively bearish on Uranium Energy (UEC), hence the stock is down -4.57% 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 -5.24% relative to the S&P 500. The 4-week change in the price of the stock is -5.09% and the stock has fallen -5.09% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.99% and the 50-Day Moving Average is 4.26%.The 200 Day SMA reached 8.8%
Uranium Energy (NYSEMKT:UEC): The stock opened in the green at $1 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $1.02 and a low of $0.985 for the day. The stock did not find buyers even at the lows and closed at $0.9871 recording a loss of -3.23%. 673,662 shares exchanged hands during the trading day. The stock had closed at $0.9871 in the previous days trading.
Uranium Energy (UEC) : 4 Wall Street analysts covering Uranium Energy (UEC) believe that the average level the stock could reach for the short term is $2.93. The maximum price target given is $4 and the minimum target for short term is around $2, hence the standard deviation is calculated at $1.04.
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.