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

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

Separately, D. Boral Capital reaffirmed a “buy” rating and issued a $3.50 price objective on shares of U.S. Energy in a research note on Friday, January 24th.

U.S. Energy Price Performance

NASDAQ:USEG opened at $2.03 on Wednesday. The firm has a market capitalization of $71.37 million, a price-to-earnings ratio of -1.54 and a beta of 0.71. U.S. Energy has a 1 year low of $0.81 and a 1 year high of $6.40. The business has a 50 day simple moving average of $1.99 and a 200-day simple moving average of $1.50.

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.