U.S. Energy (NASDAQ:USEG) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a report released on Wednesday morning. The firm issued a sell rating on the energy company’s stock.

U.S. Energy Trading Down 10.1 %

U.S. Energy stock opened at $1.34 on Wednesday. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.19. U.S. Energy has a 12 month low of $0.81 and a 12 month high of $1.67. The stock’s 50 day simple moving average is $0.99 and its two-hundred day simple moving average is $1.07. The firm has a market cap of $37.59 million, a PE ratio of -0.83 and a beta of 0.49.

U.S. Energy (NASDAQ:USEG) last announced its earnings results on Wednesday, August 7th. The energy company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.01. U.S. Energy had a negative return on equity of 74.13% and a negative net margin of 145.83%. The firm had revenue of $6.05 million for the quarter.

U.S. Energy Company Profile

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.