U.S. Energy (NASDAQ:USEG) Coverage Initiated at StockNews.com

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

U.S. Energy Price Performance

Shares of NASDAQ:USEG opened at $1.19 on Thursday. The stock has a market cap of $30.36 million, a P/E ratio of -2.09 and a beta of 0.88. The firm has a fifty day moving average price of $1.34 and a 200 day moving average price of $1.41. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.52 and a quick ratio of 0.52. U.S. Energy has a 1-year low of $1.12 and a 1-year high of $2.90.

U.S. Energy (NASDAQ:USEG) last issued its quarterly earnings results on Monday, August 14th. The energy company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). The business had revenue of $7.98 million for the quarter. U.S. Energy had a negative return on equity of 18.75% and a negative net margin of 40.61%.

Institutional Trading of U.S. Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. UBS Group AG boosted its holdings in shares of U.S. Energy by 2,578.0% in the third quarter. UBS Group AG now owns 8,623 shares of the energy company’s stock valued at $25,000 after acquiring an additional 8,301 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of U.S. Energy in the first quarter valued at about $30,000. Renaissance Technologies LLC acquired a new stake in shares of U.S. Energy in the fourth quarter valued at about $44,000. Captrust Financial Advisors acquired a new stake in shares of U.S. Energy in the first quarter valued at about $44,000. Finally, Northern Trust Corp acquired a new stake in shares of U.S. Energy in the first quarter valued at about $76,000. Hedge funds and other institutional investors 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.