StockNews.com Begins Coverage on U.S. Energy (NASDAQ:USEG)

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

U.S. Energy Stock Performance

Shares of U.S. Energy stock opened at $1.32 on Friday. The business has a 50 day moving average price of $1.17 and a 200-day moving average price of $1.11. U.S. Energy has a 52 week low of $0.81 and a 52 week high of $1.67. The company has a market cap of $37.03 million, a PE ratio of -0.83 and a beta of 0.46. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.19.

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

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.