Uranium Energy Corp. (NYSEAMERICAN:UEC – Get Free Report) EVP Scott Melbye purchased 9,500 shares of the company’s stock in a transaction on Friday, September 6th. The stock was acquired at an average cost of $4.18 per share, for a total transaction of $39,710.00. Following the completion of the transaction, the executive vice president now owns 988,031 shares in the company, valued at $4,129,969.58. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.
Uranium Energy Price Performance
UEC traded down $0.35 during trading on Friday, reaching $4.24. 12,176,271 shares of the company’s stock were exchanged, compared to its average volume of 7,170,735. The company has a market cap of $1.73 billion, a P/E ratio of -140.33 and a beta of 1.84. The firm has a 50 day moving average of $6.60. Uranium Energy Corp. has a fifty-two week low of $4.06 and a fifty-two week high of $8.34.
Uranium Energy (NYSEAMERICAN:UEC – Get Free Report) last issued its earnings results on Friday, June 7th. The basic materials company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.06). Uranium Energy had a negative net margin of 8.20% and a negative return on equity of 3.05%. Sell-side analysts anticipate that Uranium Energy Corp. will post 0.01 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
View Our Latest Stock Report on Uranium Energy
Institutional Investors Weigh In On Uranium Energy
A number of institutional investors have recently added to or reduced their stakes in UEC. Strategic Investment Solutions Inc. IL acquired a new position in Uranium Energy during the second quarter worth $26,000. EntryPoint Capital LLC raised its stake in shares of Uranium Energy by 897.7% in the first quarter. EntryPoint Capital LLC now owns 4,340 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 3,905 shares during the last quarter. CWM LLC raised its position in Uranium Energy by 22.2% in the 4th quarter. CWM LLC now owns 9,784 shares of the basic materials company’s stock worth $63,000 after purchasing an additional 1,776 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Uranium Energy during the fourth quarter valued at $64,000. Finally, Parallel Advisors LLC boosted its holdings in Uranium Energy by 39.7% in the fourth quarter. Parallel Advisors LLC now owns 10,293 shares of the basic materials company’s stock valued at $66,000 after acquiring an additional 2,923 shares during the last quarter. 62.28% of the stock is owned by institutional investors and hedge funds.
Uranium Energy Company Profile
Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.
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