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

Investment analysts at StockNews.com started coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note issued on Friday. The brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

NASDAQ USEG opened at $1.16 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.11. The firm has a market cap of $31.27 million, a PE ratio of -0.90 and a beta of 0.55. The company has a 50 day moving average price of $1.13 and a 200 day moving average price of $1.13. U.S. Energy has a 52 week low of $0.83 and a 52 week high of $1.76.

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

Institutional Trading of U.S. Energy

An institutional investor recently raised its position in U.S. Energy stock. Verity Asset Management Inc. boosted its stake in shares of U.S. Energy Corp. (NASDAQ:USEG) by 23.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 94,494 shares of the energy company’s stock after purchasing an additional 17,772 shares during the period. Verity Asset Management Inc. owned approximately 0.37% of U.S. Energy worth $95,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 3.00% 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 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.