U.S. Energy (NASDAQ:USEG) Now Covered by StockNews.com

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

U.S. Energy Stock Performance

Shares of NASDAQ USEG opened at $1.45 on Friday. U.S. Energy has a 1 year low of $0.81 and a 1 year high of $1.67. The firm has a market cap of $40.67 million, a P/E ratio of -0.91 and a beta of 0.47. The stock has a fifty day moving average price of $1.20 and a two-hundred day moving average price of $1.11. 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 (NASDAQ:USEG) last announced its earnings results on Wednesday, August 7th. The energy company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.01. U.S. Energy had a negative return on equity of 74.13% and a negative net margin of 145.83%. The business had revenue of $6.05 million during the quarter.

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.