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

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

U.S. Energy Price Performance

Shares of NASDAQ USEG opened at $1.18 on Thursday. U.S. Energy has a fifty-two week low of $0.83 and a fifty-two week high of $1.76. The stock has a fifty day moving average of $1.11 and a 200-day moving average of $1.14. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.11.

U.S. Energy (NASDAQ:USEG) last posted 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 firm had revenue of $7.32 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in U.S. Energy stock. Verity Asset Management Inc. increased its stake in U.S. Energy Corp. (NASDAQ:USEG) by 23.2% during the 4th quarter, according to 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 period. Verity Asset Management Inc. owned 0.37% of U.S. Energy worth $95,000 as of its most recent filing with the Securities & Exchange Commission. 3.00% of the stock is owned by hedge funds and other institutional investors.

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.