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

Equities researchers at StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a report issued on Monday. The brokerage set 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 research note on Friday, January 24th.

U.S. Energy Stock Up 0.4 %

USEG stock opened at $2.30 on Monday. The company’s 50-day moving average price is $1.89 and its two-hundred day moving average price is $1.42. The firm has a market cap of $64.33 million, a P/E ratio of -1.74 and a beta of 0.63. U.S. Energy has a 12 month low of $0.81 and a 12 month high of $6.40.

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.