U.S. Energy (NASDAQ:USEG) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note published on Thursday. The firm issued a sell rating on the energy company’s stock.

U.S. Energy Trading Down 2.5 %

NASDAQ USEG opened at $1.18 on Thursday. The stock’s 50 day moving average price is $1.11 and its two-hundred day moving average price is $1.14. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.76 and a current ratio of 0.76. 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 announced its quarterly earnings data on Tuesday, March 26th. The energy company reported ($0.78) earnings per share (EPS) for the quarter. U.S. Energy had a negative return on equity of 49.00% and a negative net margin of 100.13%. The company had revenue of $7.32 million for the quarter.

Institutional Investors Weigh In On U.S. Energy

A hedge fund recently raised its stake in U.S. Energy stock. Verity Asset Management Inc. increased its holdings in shares of U.S. Energy Corp. (NASDAQ:USEG) by 23.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 94,494 shares of the energy company’s stock after buying an additional 17,772 shares during the quarter. Verity Asset Management Inc. owned 0.37% of U.S. Energy worth $95,000 at the end of the most recent reporting period. 3.00% of the stock is owned by institutional investors.

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.