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

Analysts at StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a report released on Saturday. The brokerage set a “hold” rating on the energy company’s stock.

Separately, D. Boral Capital reiterated a “buy” rating and set a $2.00 price target on shares of U.S. Energy in a report on Friday, January 3rd.

U.S. Energy Stock Performance

Shares of USEG opened at $1.93 on Friday. The stock has a 50-day simple moving average of $1.65 and a 200-day simple moving average of $1.29. U.S. Energy has a 1 year low of $0.81 and a 1 year high of $1.96. The stock has a market capitalization of $53.97 million, a PE ratio of -1.46 and a beta of 0.63.

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.