U.S. Energy (NASDAQ:USEG) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note released on Monday morning. The brokerage issued a hold rating on the energy company’s stock.

Separately, D. Boral Capital restated a “buy” rating and set a $3.50 target price on shares of U.S. Energy in a report on Friday, January 24th.

U.S. Energy Trading Up 1.3 %

Shares of USEG opened at $2.33 on Monday. U.S. Energy has a 12 month low of $0.81 and a 12 month high of $6.40. The firm has a fifty day simple moving average of $1.90 and a 200 day simple moving average of $1.42. The stock has a market capitalization of $65.17 million, a price-to-earnings ratio of -1.77 and a beta of 0.63.

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.