U.S. Energy (NASDAQ:USEG) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a report released on Friday. The firm issued a sell rating on the energy company’s stock.

U.S. Energy Price Performance

Shares of NASDAQ:USEG opened at $1.15 on Friday. The firm has a market capitalization of $31.13 million, a PE ratio of -0.90 and a beta of 0.55. 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 company has a 50-day moving average price of $1.13 and a two-hundred day moving average price of $1.13. U.S. Energy has a twelve month low of $0.83 and a twelve month high of $1.76.

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

Institutional Trading of U.S. Energy

A hedge fund recently raised its stake in U.S. Energy stock. Verity Asset Management Inc. boosted its position in shares of U.S. Energy Corp. (NASDAQ:USEG) by 23.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,494 shares of the energy company’s stock after acquiring an additional 17,772 shares during the period. Verity Asset Management Inc. owned 0.37% of U.S. Energy worth $95,000 as of its most recent SEC filing. 3.00% of the stock is owned by institutional investors and hedge funds.

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.