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

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

U.S. Energy Price Performance

Shares of USEG opened at $1.25 on Wednesday. U.S. Energy has a 12-month low of $0.83 and a 12-month high of $1.76. The business has a 50-day simple moving average of $1.09 and a two-hundred day simple moving average of $1.14. 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 stock has a market cap of $31.66 million, a PE ratio of -0.98 and a beta of 0.53.

Institutional Investors Weigh In On U.S. Energy

Institutional investors have recently made changes to their positions in the stock. UBS Group AG grew its position in shares of U.S. Energy by 2,578.0% in the 3rd quarter. UBS Group AG now owns 8,623 shares of the energy company’s stock valued at $25,000 after buying an additional 8,301 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of U.S. Energy in the 1st quarter valued at about $44,000. Squarepoint Ops LLC bought a new stake in shares of U.S. Energy in the 1st quarter valued at about $30,000. Northern Trust Corp bought a new stake in shares of U.S. Energy in the 1st quarter valued at about $76,000. Finally, Renaissance Technologies LLC bought a new stake in shares of U.S. Energy in the 4th quarter valued at about $44,000. 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.