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

Stock analysts at StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a report issued on Wednesday. The firm set a “hold” rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of USEG opened at $1.70 on Wednesday. U.S. Energy has a 52-week low of $0.81 and a 52-week high of $1.91. The firm has a market cap of $47.55 million, a price-to-earnings ratio of -1.29 and a beta of 0.47. The business’s fifty day moving average is $1.38 and its 200-day moving average is $1.15.

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.