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

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

U.S. Energy Stock Performance

Shares of U.S. Energy stock opened at $1.27 on Wednesday. The firm’s 50 day moving average price is $1.09 and its 200-day moving average price is $1.14. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.11. U.S. Energy has a 52-week low of $0.83 and a 52-week high of $1.76.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. UBS Group AG grew its position in shares of U.S. Energy by 2,578.0% in the 3rd quarter. UBS Group AG now owns 8,623 shares of the energy company’s stock worth $25,000 after buying an additional 8,301 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of U.S. Energy in the 1st quarter worth approximately $30,000. Citadel Advisors LLC purchased a new position in shares of U.S. Energy in the 4th quarter worth approximately $31,000. Virtu Financial LLC purchased a new position in shares of U.S. Energy in the 4th quarter worth approximately $44,000. Finally, Renaissance Technologies LLC purchased a new position in shares of U.S. Energy in the 4th quarter worth approximately $44,000. Hedge funds and other institutional investors own 3.00% of the company’s stock.

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.