Following these proceedings, B. Riley Securities initiated its Uranium Royalty Corp [UROY] rating to a Buy in a research note published on October 07, 2024; the price target was $3.50.
Price Performance Review of UROY
On Tuesday, Uranium Royalty Corp [NASDAQ:UROY] saw its stock fall -2.38% to $2.87. Over the last five days, the stock has lost -4.01%. Uranium Royalty Corp shares have risen nearly 6.30% since the year began. Nevertheless, the stocks have risen 8.71% over the past one year. While a 52-week high of $3.76 was reached on 02/01/24, a 52-week low of $1.86 was recorded on 09/06/24. SMA at 50 days reached $2.44, while 200 days put it at $2.54.
Levels Of Support And Resistance For UROY Stock
The 24-hour chart illustrates a support level at 2.81, which if violated will result in even more drops to 2.75. On the upside, there is a resistance level at 2.94. A further resistance level may holdings at 3.01. The Relative Strength Index (RSI) on the 14-day chart is 59.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.46%. Stochastics %K at 66.66% indicates the stock is a holding.
How much short interest is there in Uranium Royalty Corp?
A steep rise in short interest was recorded in Uranium Royalty Corp stocks on 2024-10-15, growing by 0.25 million shares to a total of 8.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 8.46 million shares. There was a rise of 2.85%, which implies that there is a positive sentiment for the stock.
