U.S. Energy (NASDAQ:USEG) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEGFree Report) in a research note published on Thursday. The brokerage issued a sell rating on the energy company’s stock.

U.S. Energy Stock Down 2.7 %

Shares of NASDAQ USEG opened at $0.99 on Thursday. U.S. Energy has a 52 week low of $0.83 and a 52 week high of $1.76. The business has a 50-day simple moving average of $1.13 and a two-hundred day simple moving average of $1.09. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.14. The company has a market cap of $25.09 million, a P/E ratio of -0.62 and a beta of 0.48.

U.S. Energy (NASDAQ:USEGGet Free Report) last issued its earnings results on Thursday, May 9th. The energy company reported ($0.17) EPS for the quarter. U.S. Energy had a negative return on equity of 62.97% and a negative net margin of 138.09%. The company had revenue of $5.39 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in U.S. Energy stock. Verity Asset Management Inc. grew its holdings in shares of U.S. Energy Corp. (NASDAQ:USEGFree Report) by 23.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,494 shares of the energy company’s stock after acquiring an additional 17,772 shares during the quarter. Verity Asset Management Inc. owned about 0.37% of U.S. Energy worth $95,000 at the end of the most recent quarter. Institutional investors own 3.00% of the company’s stock.

About U.S. Energy

(Get Free Report)

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.

Read More

Receive News & Ratings for U.S. Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Energy and related companies with MarketBeat.com's FREE daily email newsletter.