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

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

U.S. Energy Price Performance

Shares of NASDAQ USEG opened at $1.60 on Monday. The stock has a market cap of $44.88 million, a price-to-earnings ratio of -1.21 and a beta of 0.47. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.50 and a current ratio of 0.50. U.S. Energy has a fifty-two week low of $0.81 and a fifty-two week high of $1.67. The firm’s 50-day simple moving average is $1.26 and its 200 day simple moving average is $1.12.

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.