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

StockNews.com started coverage on shares of U.S. Energy (NASDAQ:USEG) in a report published on Tuesday morning. The brokerage issued a sell rating on the energy company’s stock.

U.S. Energy Stock Up 12.5 %

U.S. Energy stock opened at $1.17 on Tuesday. The firm has a market capitalization of $32.82 million, a P/E ratio of -0.73 and a beta of 0.47. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.19. U.S. Energy has a twelve month low of $0.81 and a twelve month high of $1.67. The stock’s fifty day simple moving average is $0.96 and its 200-day simple moving average is $1.06.

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

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.