Alert: Rating Downgrade (11/17/23)-Uranium Energy Corp (NYSEAMERICAN: UEC).

Stock Rating Downgrade

Recently the Value Trend Rating for Uranium Energy Corp (NYSEAMERICAN: UEC) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.

Recent Price Action

Uranium Energy Corp (NYSEAMERICAN: UEC) stock enjoyed a large increase of 3.2% on 11/17/23. The stock closed at $6.36. The stock has been exceptionally strong relative to the market over the last nine months and has risen 14.4% during the last week.

Current PriceTarget Research Rating

UEC is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Uranium Energy has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Uranium Energy has a slightly negative Appreciation Score of 32 but a very high Power Rating of 91, resulting in the High Neutral Value Trend Rating.