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

StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note published on Saturday. The brokerage issued a hold rating on the energy company’s stock.

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

U.S. Energy Stock Up 16.6 %

Shares of USEG opened at $2.25 on Friday. U.S. Energy has a 52-week low of $0.81 and a 52-week high of $2.35. The stock has a fifty day simple moving average of $1.65 and a two-hundred day simple moving average of $1.29. The company has a market capitalization of $62.92 million, a PE ratio of -1.70 and a beta of 0.63.

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.