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

Stock 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 brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of U.S. Energy stock opened at $1.21 on Thursday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.11. The firm has a market cap of $32.75 million, a P/E ratio of -0.95 and a beta of 0.53. The stock’s fifty day moving average price is $1.11 and its 200-day moving average price is $1.14. U.S. Energy has a 12 month low of $0.83 and a 12 month high of $1.76.

U.S. Energy (NASDAQ:USEG) last issued its quarterly earnings results on Tuesday, March 26th. The energy company reported ($0.78) earnings per share for the quarter. The business had revenue of $7.32 million during the quarter. U.S. Energy had a negative return on equity of 49.00% and a negative net margin of 100.13%.

Institutional Investors Weigh In On U.S. Energy

An institutional investor recently raised its position in U.S. Energy stock. Verity Asset Management Inc. increased its position in shares of U.S. Energy Corp. (NASDAQ:USEG) by 23.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,494 shares of the energy company’s stock after purchasing an additional 17,772 shares during the quarter. Verity Asset Management Inc. owned 0.37% of U.S. Energy worth $95,000 as of its most recent SEC filing. 3.00% of the stock is currently owned by institutional investors and hedge funds.

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.