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

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

U.S. Energy Trading Up 0.7 %

NASDAQ USEG opened at $1.40 on Wednesday. U.S. Energy has a 52-week low of $1.22 and a 52-week high of $3.29. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $35.71 million, a P/E ratio of -23.33 and a beta of 0.94. The firm has a 50-day moving average price of $1.46 and a 200 day moving average price of $1.52.

U.S. Energy (NASDAQ:USEG) last released its quarterly earnings results on Monday, August 14th. The energy company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.01). U.S. Energy had a negative net margin of 3.80% and a negative return on equity of 1.89%. The business had revenue of $7.98 million during the quarter.

Institutional Trading of U.S. Energy

Hedge funds have recently bought and sold shares of the company. UBS Group AG boosted its position in U.S. Energy by 2,578.0% during the third quarter. UBS Group AG now owns 8,623 shares of the energy company’s stock worth $25,000 after acquiring an additional 8,301 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of U.S. Energy in the 1st quarter valued at $30,000. Renaissance Technologies LLC purchased a new position in shares of U.S. Energy in the 4th quarter valued at $44,000. Captrust Financial Advisors purchased a new position in shares of U.S. Energy in the 1st quarter valued at $44,000. Finally, Northern Trust Corp purchased a new position in shares of U.S. Energy in the 1st quarter valued at $76,000. Institutional investors and hedge funds own 2.77% of the company’s stock.

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 continental 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 comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and Gulf Coast regions.