U.S. Energy (NASDAQ:USEG) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note published on Friday morning. The firm issued a sell rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of NASDAQ:USEG opened at $1.15 on Friday. U.S. Energy has a 52-week low of $0.83 and a 52-week high of $1.76. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.11. The stock has a market cap of $31.13 million, a price-to-earnings ratio of -0.90 and a beta of 0.55. The business has a 50-day moving average price of $1.14 and a 200-day moving average price of $1.13.

U.S. Energy (NASDAQ:USEG) last posted its earnings results on Tuesday, March 26th. The energy company reported ($0.78) earnings per share for the quarter. U.S. Energy had a negative net margin of 100.13% and a negative return on equity of 49.00%. The firm had revenue of $7.32 million for the quarter.

Institutional Trading of U.S. Energy

An institutional investor recently raised its position in U.S. Energy stock. Verity Asset Management Inc. raised its stake in U.S. Energy Corp. (NASDAQ:USEG) by 23.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,494 shares of the energy company’s stock after purchasing an additional 17,772 shares during the period. Verity Asset Management Inc. owned about 0.37% of U.S. Energy worth $95,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 3.00% of the stock is currently owned by hedge funds and other institutional investors.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.