U.S. Energy Corp. (NASDAQ:USEG) dropped 7.6% during mid-day trading on Friday . The company traded as low as $2.22 and last traded at $2.30, with a volume of 56,819 shares trading hands. The stock had previously closed at $2.49.

The stock’s market cap is $10.87 million. The stock’s 50 day moving average price is $2.09 and its 200 day moving average price is $1.95.

U.S. Energy Corp. (U.S. Energy) is an independent energy company focused on the acquisition and development of oil and gas producing properties and other mineral properties in the continental United States. The Company’s business activities are focused in South Texas and the Williston Basin in North Dakota.

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