StockNews.com initiated coverage on shares of U.S. Energy (NASDAQ:USEG – Free Report) in a report released on Monday morning. The firm issued a sell rating on the energy company’s stock.
U.S. Energy Stock Up 0.8 %
Shares of NASDAQ:USEG opened at $1.25 on Monday. The company has a market capitalization of $31.66 million, a PE ratio of -0.98 and a beta of 0.53. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.11. U.S. Energy has a twelve month low of $0.83 and a twelve month high of $1.86. The firm has a 50 day simple moving average of $1.04 and a 200-day simple moving average of $1.15.
Institutional Trading of U.S. Energy
Several institutional investors have recently modified their holdings of USEG. Vanguard Group Inc. raised its position in U.S. Energy by 11.5% in the 4th quarter. Vanguard Group Inc. now owns 239,797 shares of the energy company’s stock valued at $240,000 after purchasing an additional 24,797 shares during the last quarter. State Street Corp purchased a new stake in U.S. Energy in the 1st quarter valued at $148,000. Millennium Management LLC raised its position in U.S. Energy by 44.2% in the 2nd quarter. Millennium Management LLC now owns 29,403 shares of the energy company’s stock valued at $102,000 after purchasing an additional 9,019 shares during the last quarter. Renaissance Technologies LLC raised its position in U.S. Energy by 126.6% in the 1st quarter. Renaissance Technologies LLC now owns 43,504 shares of the energy company’s stock valued at $77,000 after purchasing an additional 24,304 shares during the last quarter. Finally, Northern Trust Corp purchased a new stake in U.S. Energy in the 1st quarter valued at $76,000. Hedge funds and other institutional investors own 3.00% of the company’s stock.
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.
See Also
- Five stocks we like better than U.S. Energy
- Profitably Trade Stocks at 52-Week Highs
- What is a Bull Market? Key Information about Bull Markets
- Where Do I Find 52-Week Highs and Lows?
- Akebia Therapeutics Surges on FDA Approval for Anemia Treatment
- What is the Nikkei 225 index?
- Dave & Buster’s Stock Value Is Unleashed, Not Too Late To Get In
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.
