Currently, there are 34.06M common shares owned by the public and among those 10.36M shares have been available to trade.
The company’s stock has a 5-day price change of 70.00% and 62.50% over the past three months. USEG shares are trading 35.58% year to date (YTD), with the 12-month market performance up to 112.50% higher. It has a 12-month low price of $0.81 and touched a high of $6.40 over the same period. USEG has an average intraday trading volume of 264.90K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 65.73%, 83.46%, and 48.65% respectively.
Institutional ownership of U.S. Energy Corp (NASDAQ: USEG) shares accounts for 3.46% of the company’s 34.06M shares outstanding.
It has a market capitalization of $75.12M and a beta (3y monthly) value of 0.51. The earnings-per-share (ttm) stands at -$0.68. Price movements for the stock have been influenced by the stock’s volatility, which stands at 20.73% over the week and 10.75% over the month.
Analysts forecast that U.S. Energy Corp (USEG) will achieve an EPS of -0.06 for the current quarter, -0.06 for the next quarter and -0.11 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.06 while analysts give the company a high EPS estimate of -0.06. Comparatively, EPS for the current quarter was 0.02 a year ago. Earnings per share for the fiscal year are expected to increase by 76.36%, and 21.19% over the next financial year. EPS should grow at an annualized rate of 58.22% over the next five years, compared to -7.01% over the past 5-year period.
Looking at the support for the USEG, a number of firms have released research notes about the stock. Johnson Rice stated their Accumulate rating for the stock in a research note on October 26, 2022, with the firm’s price target at $3.75. Global Hunter Securities on their part issued Buy rating on May 20, 2011.
