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

Analysts at StockNews.com started coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note issued to investors on Thursday. The brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of USEG stock opened at $1.21 on Thursday. The company has a market capitalization of $32.75 million, a price-to-earnings ratio of -0.95 and a beta of 0.53. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.76 and a current ratio of 0.76. The company has a 50-day simple moving average of $1.11 and a 200 day simple moving average of $1.14. 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 earnings results on Tuesday, March 26th. The energy company reported ($0.78) EPS for the quarter. The company had revenue of $7.32 million for the quarter. U.S. Energy had a negative return on equity of 49.00% and a negative net margin of 100.13%.

Institutional Trading of U.S. Energy

An institutional investor recently raised its position in U.S. Energy stock. Verity Asset Management Inc. lifted its position in shares of U.S. Energy Corp. (NASDAQ:USEG) by 23.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,494 shares of the energy company’s stock after acquiring an additional 17,772 shares during the period. Verity Asset Management Inc. owned approximately 0.37% of U.S. Energy worth $95,000 as of its most recent filing with the Securities and Exchange Commission. 3.00% of the stock is owned by institutional investors and hedge funds.

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.