U.S. Energy (NASDAQ:USEG) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of U.S. Energy (NASDAQ:USEG) in a research report report published on Wednesday. The firm issued a hold rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of NASDAQ:USEG opened at $1.71 on Wednesday. The firm has a fifty day moving average price of $1.40 and a 200 day moving average price of $1.15. U.S. Energy has a fifty-two week low of $0.81 and a fifty-two week high of $1.91. The firm has a market cap of $47.83 million, a price-to-earnings ratio of -1.28 and a beta of 0.47.

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.