Uranium Energy (NYSEAMERICAN:UEC) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Uranium Energy (NYSEAMERICAN:UEC) to a strong-buy rating in a research note released on Tuesday,Zacks.com reports.

Several other analysts have also issued reports on UEC. Roth Mkm restated a “buy” rating and issued a $10.25 price target (up from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. National Bankshares set a $10.00 price target on shares of Uranium Energy and gave the stock an “outperform” rating in a research note on Wednesday. Finally, HC Wainwright raised their price objective on shares of Uranium Energy from $10.25 to $11.00 and gave the stock a “buy” rating in a report on Monday, December 9th.

Uranium Energy Trading Down 1.1 %

Shares of NYSEAMERICAN UEC opened at $6.98 on Tuesday. Uranium Energy has a 52 week low of $4.06 and a 52 week high of $8.93. The firm has a 50 day moving average price of $6.64. The company has a market cap of $2.95 billion, a PE ratio of -58.17 and a beta of 1.88.

Institutional Investors Weigh In On Uranium Energy

Several institutional investors have recently bought and sold shares of the company. Altshuler Shaham Ltd bought a new position in shares of Uranium Energy in the fourth quarter valued at $67,000. Rossby Financial LCC acquired a new stake in Uranium Energy in the 4th quarter valued at about $161,000. XTX Topco Ltd acquired a new stake in shares of Uranium Energy in the fourth quarter valued at approximately $1,243,000. Mariner LLC boosted its stake in shares of Uranium Energy by 15.4% during the 4th quarter. Mariner LLC now owns 37,743 shares of the basic materials company’s stock worth $253,000 after acquiring an additional 5,049 shares during the period. Finally, Barclays PLC increased its holdings in shares of Uranium Energy by 3.2% during the 4th quarter. Barclays PLC now owns 719,512 shares of the basic materials company’s stock worth $4,814,000 after acquiring an additional 22,467 shares during the last quarter. Institutional investors own 62.28% of the company’s stock.

About Uranium Energy

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.