U.S. Energy (NASDAQ:USEG) Now Covered by StockNews.com

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

U.S. Energy Price Performance

USEG stock opened at $1.16 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $31.27 million, a PE ratio of -0.90 and a beta of 0.55. U.S. Energy has a twelve month low of $0.83 and a twelve month high of $1.76. The stock has a 50-day simple moving average of $1.13 and a two-hundred day simple moving average of $1.13.

U.S. Energy (NASDAQ:USEG) last posted its earnings results on Tuesday, March 26th. The energy company reported ($0.78) earnings per share for the quarter. The company had revenue of $7.32 million for the quarter. U.S. Energy had a negative net margin of 100.13% and a negative return on equity of 49.00%.

Institutional Trading of U.S. Energy

A hedge fund recently raised its stake in U.S. Energy stock. Verity Asset Management Inc. grew its holdings 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 fund owned 94,494 shares of the energy company’s stock after acquiring an additional 17,772 shares during the quarter. Verity Asset Management Inc. owned about 0.37% of U.S. Energy worth $95,000 at the end of the most recent quarter. 3.00% of the stock is currently owned by hedge funds and other 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.