Uranium Energy Corp (NYSEAMERICAN: UEC) stock closed at $6.19 on 9/23/24 after a major increase of 11.7%. Moreover, this advance was accompanied by exceptionally high trading volume at 330% of normal. The stock has risen 21.9% during the last week but has been weak relative to the market over the last nine months.
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 D (Negative). 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 46 but a poor Power Rating of 27, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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