Uranium Energy Corp (NYSEAMERICAN: UEC) stock closed at $7.77 on 1/12/24 after a major increase of 12.1%. Moreover, trading volume in this advance was exceptionally high at 377% of normal. The stock has risen 20.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Uranium Energy has a poor Appreciation Score of 26 but a very high Power Rating of 97, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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