The stock price of Uranium Energy Corp. (AMEX: UEC) has surged by 0.87 when compared to previous closing price of 4.62, but the company has seen a 7.87% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-08-24 that The benefit of investing in undervalued stocks below $5 is the opportunity for outsized gains. However, these stocks are often high beta stocks. Is It Worth Investing in Uranium Energy Corp. (AMEX: UEC) Right Now?
Uranium Energy Corp. (AMEX: UEC) has a higher price-to-earnings ratio of 932.00x compared to its average ratio. compared to its average ratio and a 36-month beta value of 2.02. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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