Shares of U.S. Energy Corp. (NASDAQ:USEG) shot up 10.2% on Thursday . The stock traded as high as $2.07 and last traded at $2.05, with a volume of 51,533 shares trading hands. The stock had previously closed at $1.86.

The firm’s 50 day moving average is $1.99 and its 200 day moving average is $2.13. The firm’s market cap is $9.65 million.

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

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