Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ur-Energy Inc. shares valued at $119,819 were sold by HUBER GARY C on Sep 25 ’24. At $1.23 per share, HUBER GARY C sold 97,628 shares. The insider’s holdings dropped to 404,869 shares worth approximately $0.48 million following the completion of this transaction.
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Also, GOPLERUD PENNE A sold 105,081 shares, netting a total of over 127,957 in proceeds. Following the sale of shares at $1.22 each, the insider now holds 412,895 shares.
Before that, GOPLERUD PENNE A had sold 100,000 shares from its account. In a trade valued at $118,820, the Gen Counsel and Corp Secretary traded Ur-Energy Inc. shares for $1.19 each. Upon closing the transaction, the insider’s holdings decreased to 100,000 shares, worth approximately $0.49 million.
As published in their initiating research note from B. Riley Securities on February 02, 2024, Ur-Energy Inc. [URG] has been a Buy and the price target has been revised to $3. Analysts at FBR Capital started covering the stock with ‘”an Outperform”‘ outlook in a report released in early September. Earlier on August 10, 2011, Rodman & Renshaw initiated its rating. Their recommendation was “a Mkt outperform” for URG stock.
Analyzing URG Stock Performance
During the last five days, there has been a surge of approximately 0.85%. Over the course of the year, Ur-Energy Inc. shares have dropped approximately -22.73%. Shares of the company reached a 52-week high of $2.0100 on 02/05/24 and a 52-week low of $0.9613 on 08/05/24. A 50-day SMA is recorded $1.1400, while a 200-day SMA reached $1.5072. Nevertheless, trading volume fell to 6.21 million shares from 4.25 million shares the previous day.
Support And Resistance Levels for Ur-Energy Inc. (URG)
According to the 24-hour chart, there is a support level at 1.1633, which, if violated, would cause prices to drop to 1.1367. In the upper region, resistance lies at 1.2333. The next price resistance is at 1.2767. RSI (Relative Strength Index) is 54.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0514, which suggests the price will decrease in the coming days. Percent R is at 32.04%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
