Uranium Energy (NYSEAMERICAN:UEC) Shares Pass Above 200 Day Moving Average of $0.00

Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $1.02. Uranium Energy shares last traded at $0.99, with a volume of 9,402 shares.

UEC has been the subject of a number of research reports. HC Wainwright set a $4.00 price target on shares of Uranium Energy and gave the company a “buy” rating in a report on Tuesday, June 11th. Zacks Investment Research cut shares of Uranium Energy from a “hold” rating to a “sell” rating in a research report on Friday, August 30th.

Uranium Energy (NYSEAMERICAN:UEC) last released its quarterly earnings data on Monday, June 10th. The basic materials company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.01).

Several hedge funds and other institutional investors have recently made changes to their positions in UEC. D. E. Shaw & Co. Inc. raised its stake in Uranium Energy by 93.9% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 104,177 shares of the basic materials company’s stock worth $143,000 after buying an additional 50,450 shares during the period. Vanguard Group Inc. increased its holdings in shares of Uranium Energy by 1.8% in the second quarter. Vanguard Group Inc. now owns 7,934,799 shares of the basic materials company’s stock worth $10,871,000 after acquiring an additional 142,149 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Uranium Energy by 9.7% in the second quarter. BlackRock Inc. now owns 11,773,448 shares of the basic materials company’s stock worth $16,131,000 after acquiring an additional 1,045,736 shares in the last quarter. Bank of Montreal Can raised its position in shares of Uranium Energy by 502.3% during the second quarter. Bank of Montreal Can now owns 30,132 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 25,129 shares during the period. Finally, KBC Group NV raised its position in shares of Uranium Energy by 183.5% during the second quarter. KBC Group NV now owns 49,438 shares of the basic materials company’s stock worth $68,000 after purchasing an additional 32,000 shares during the period.

About Uranium Energy (NYSEAMERICAN:UEC)

Uranium Energy Corp. 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, Burke Hollow, Goliad, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Slick Rock project in Colorado; Diabase project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.

Featured Story: Average Daily Trade Volume – ADTV

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

Latest News