U.S. Energy (NASDAQ:USEG) Upgraded by StockNews.com to Hold Rating

StockNews.com upgraded shares of U.S. Energy (NASDAQ:USEG) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning.

Separately, D. Boral Capital restated a “buy” rating and issued a $3.50 price target on shares of U.S. Energy in a research report on Thursday, March 13th.

U.S. Energy Price Performance

Shares of NASDAQ USEG opened at $1.20 on Tuesday. U.S. Energy has a fifty-two week low of $0.81 and a fifty-two week high of $6.40. The firm has a market cap of $40.59 million, a PE ratio of -0.91 and a beta of 0.69. The business has a 50 day moving average price of $1.82 and a two-hundred day moving average price of $1.65.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in USEG. Geode Capital Management LLC increased its position in shares of U.S. Energy by 27.1% during the 4th quarter. Geode Capital Management LLC now owns 111,528 shares of the energy company’s stock valued at $182,000 after purchasing an additional 23,756 shares during the period. Renaissance Technologies LLC boosted its stake in U.S. Energy by 24.6% during the fourth quarter. Renaissance Technologies LLC now owns 62,900 shares of the energy company’s stock valued at $103,000 after buying an additional 12,400 shares in the last quarter. Finally, Scissortail Wealth Management LLC acquired a new position in U.S. Energy during the fourth quarter worth about $73,000. Institutional investors and hedge funds own 3.00% of the company’s stock.

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.