StockNews.com Begins Coverage on U.S. Energy (NASDAQ:USEG)

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

Separately, D. Boral Capital restated a “buy” rating and issued a $3.50 price target on shares of U.S. Energy in a report on Friday, January 24th.

U.S. Energy Stock Performance

Shares of USEG stock opened at $2.61 on Tuesday. U.S. Energy has a 52-week low of $0.81 and a 52-week high of $6.40. The firm’s 50 day moving average price is $1.94 and its two-hundred day moving average price is $1.45. The stock has a market cap of $91.77 million, a PE ratio of -1.98 and a beta of 0.71.

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.