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

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

U.S. Energy Price Performance

USEG stock opened at $1.45 on Friday. The firm has a 50-day moving average of $1.20 and a two-hundred day moving average of $1.11. The firm has a market capitalization of $40.67 million, a PE ratio of -0.91 and a beta of 0.47. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.19. U.S. Energy has a one year low of $0.81 and a one year high of $1.67.

U.S. Energy (NASDAQ:USEG) last posted its quarterly earnings data 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 firm 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%.

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.