U.S. Energy (NASDAQ:USEG) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note issued to investors on Friday. The firm set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

U.S. Energy stock opened at $1.03 on Friday. U.S. Energy has a 52-week low of $0.83 and a 52-week high of $1.76. The company has a market cap of $26.05 million, a P/E ratio of -0.64 and a beta of 0.48. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.14. The business has a 50-day simple moving average of $1.11 and a two-hundred day simple moving average of $1.08.

U.S. Energy (NASDAQ:USEG) last announced its earnings results on Thursday, May 9th. The energy company reported ($0.17) earnings per share (EPS) for the quarter. U.S. Energy had a negative net margin of 138.09% and a negative return on equity of 62.97%. The business had revenue of $5.39 million for the quarter.

Institutional Trading of U.S. Energy

An institutional investor recently raised its position in U.S. Energy stock. Verity Asset Management Inc. increased its position in U.S. Energy Corp. (NASDAQ:USEG) by 23.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 94,494 shares of the energy company’s stock after buying an additional 17,772 shares during the period. Verity Asset Management Inc. owned about 0.37% of U.S. Energy worth $95,000 at the end of the most recent quarter. 3.00% of the stock is owned by hedge funds and other institutional investors.

About U.S. Energy

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.