U.S. Energy (NASDAQ:USEG) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note issued on Tuesday. The firm set a “sell” rating on the energy company’s stock.

U.S. Energy Stock Down 1.2 %

U.S. Energy stock opened at $0.97 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.50 and a quick ratio of 0.50. The business has a 50 day simple moving average of $0.96 and a 200-day simple moving average of $1.06. The stock has a market capitalization of $27.16 million, a PE ratio of -0.60 and a beta of 0.47. U.S. Energy has a 12 month low of $0.81 and a 12 month high of $1.67.

U.S. Energy (NASDAQ:USEG) last released its quarterly earnings data on Wednesday, August 7th. The energy company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.01. The company had revenue of $6.05 million for the quarter. U.S. Energy had a negative return on equity of 74.13% and a negative net margin of 145.83%.

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.