Uranium Energy Corp (NYSEAMERICAN: UEC) stock suffered a major decline of -10.1% on 8/1/24. The shares closed at $5.33. Moreover, unusually high trading volume at 178% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -5.3% 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 D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Uranium Energy has a neutral Appreciation Score of 42 and a slightly negative Power Rating of 33, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative 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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