Uranium Energy (NYSEAMERICAN:UEC) Stock Rating Upgraded by Stifel Canada

Uranium Energy (NYSEAMERICAN:UEC) was upgraded by analysts at Stifel Canada to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Several other research firms also recently weighed in on UEC. Stifel Nicolaus started coverage on shares of Uranium Energy in a research report on Wednesday. They set a “buy” rating for the company. HC Wainwright upped their price target on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. National Bank Financial started coverage on shares of Uranium Energy in a research report on Wednesday, February 12th. They set an “outperform” rating and a $10.00 price target for the company. Finally, National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $10.31.

Uranium Energy Stock Up 1.4 %

UEC opened at $5.13 on Tuesday. Uranium Energy has a twelve month low of $4.06 and a twelve month high of $8.93. The company has a 50-day moving average price of $6.72 and a 200 day moving average price of $6.92. The company has a market cap of $2.17 billion, a PE ratio of -42.75 and a beta of 1.88.

Institutional Trading of Uranium Energy

Several hedge funds have recently made changes to their positions in UEC. Harbour Investments Inc. lifted its holdings in shares of Uranium Energy by 947.4% in the 4th quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 3,515 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Uranium Energy by 180.1% in the 4th quarter. GAMMA Investing LLC now owns 4,338 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 2,789 shares during the last quarter. Generali Investments Management Co LLC acquired a new position in shares of Uranium Energy in the 4th quarter worth approximately $30,000. Farther Finance Advisors LLC lifted its holdings in shares of Uranium Energy by 5,130.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 4,720 shares during the last quarter. Finally, BNP Paribas acquired a new position in shares of Uranium Energy in the 3rd quarter worth approximately $38,000. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Uranium Energy Company Profile

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.