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

Equities research analysts at StockNews.com initiated coverage on shares of U.S. Energy (NASDAQ:USEG) in a research report issued on Friday. The brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

NASDAQ:USEG opened at $1.37 on Friday. The stock has a 50-day simple moving average of $1.05 and a two-hundred day simple moving average of $1.09. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.50 and a current ratio of 0.50. U.S. Energy has a 52-week low of $0.81 and a 52-week high of $1.67. The firm has a market capitalization of $38.43 million, a PE ratio of -0.86 and a beta of 0.49.

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

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.