On 8/23/24, Uranium Energy Corp (NYSEAMERICAN: UEC) stock enjoyed a major increase of 13.1%, closing at $5.37. Moreover, this advance was accompanied by unusually high trading volume at 157% of normal. Relative to the market the stock has been weak over the last nine months but has risen 8.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, UEC is expected to be Value Creation neutral.
Uranium Energy has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Uranium Energy has a neutral Appreciation Score of 47 but a very low Power Rating of 11, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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