StockNews.com Begins Coverage on U.S. Energy (NASDAQ:USEG)
by Doug Wharley · The Cerbat GemStockNews.com started coverage on shares of U.S. Energy (NASDAQ:USEG – Free Report) in a research note released on Thursday morning. The brokerage issued a sell rating on the energy company’s stock.
U.S. Energy Stock Performance
USEG opened at $1.42 on Thursday. The company’s 50 day moving average is $1.02 and its 200 day moving average is $1.08. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.19. The company has a market cap of $39.83 million, a price-to-earnings ratio of -0.89 and a beta of 0.49. U.S. Energy has a 12-month low of $0.81 and a 12-month high of $1.67.
U.S. Energy (NASDAQ:USEG – Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The energy company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.01. The business had revenue of $6.05 million for the quarter. U.S. Energy had a negative net margin of 145.83% and a negative return on equity of 74.13%.
About U.S. Energy
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.
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