Uranium Energy (NYSEAMERICAN:UEC) Stock Price Up 5.4%

Uranium Energy logo Uranium Energy Corp. (NYSEAMERICAN:UEC)’s share price rose 5.4% during trading on Wednesday . The company traded as high as $1.97 and last traded at $1.94. Approximately 3,997,883 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 3,699,494 shares. The stock had previously closed at $1.84.

UEC has been the subject of several research reports. Roth Capital reaffirmed a “buy” rating and set a $2.40 price target (down previously from $2.90) on shares of Uranium Energy in a research note on Thursday, November 12th. Canaccord Genuity initiated coverage on Uranium Energy in a research note on Wednesday, October 14th. They set a “buy” rating and a $1.50 price target for the company. Finally, BidaskClub raised Uranium Energy from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 30th. One equities research analyst has rated the stock […]

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