U.S. Energy Corp’s filing revealed that its CEO Smith Ryan Lewis acquired Company’s shares for reported $810.0 on Dec 30 ’24. In the deal valued at $1.62 per share,500 shares were bought. As a result of this transaction, Smith Ryan Lewis now holds 891,914 shares worth roughly $2.01 million.
Then, Smith Ryan Lewis bought 500 shares, generating $805 in total proceeds. Upon buying the shares at $1.61, the CEO now owns 892,414 shares.
Before that, Smith Ryan Lewis bought 500 shares. U.S. Energy Corp shares valued at $765 were divested by the CEO at a price of $1.53 per share. As a result of the transaction, Smith Ryan Lewis now holds 890,614 shares, worth roughly $2.0 million.
Johnson Rice initiated its U.S. Energy Corp [USEG] rating to a Accumulate in a research note published on October 26, 2022; the price target was $3.75. A number of analysts have revised their coverage, including Global Hunter Securities’s analysts, who decreased its forecast for the stock in early February from “a Accumulate” to “a Neutral”. Global Hunter Securities also remained covering USEG and has decreased its forecast on May 14, 2012 with a “Accumulate” recommendation from previously “Buy” rating. C.K. Cooper revised its rating on March 16, 2012. It rated USEG as “a Hold” which previously was an “a Buy”.
Price Performance Review of USEG
On Monday, U.S. Energy Corp [NASDAQ:USEG] saw its stock jump 16.58% to $2.25. Over the last five days, the stock has gained 36.36%. U.S. Energy Corp shares have risen nearly 38.04% since the year began. Nevertheless, the stocks have risen 112.26% over the past one year. While a 52-week high of $1.96 was reached on 01/13/25, a 52-week low of $0.81 was recorded on 01/02/25. SMA at 50 days reached $1.6400, while 200 days put it at $1.2400.
Levels Of Support And Resistance For USEG Stock
The 24-hour chart illustrates a support level at 2.0000, which if violated will result in even more drops to 1.7400. On the upside, there is a resistance level at 2.4300. A further resistance level may holdings at 2.6000. The Relative Strength Index (RSI) on the 14-day chart is 75.11, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2800, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.62%. Stochastics %K at 86.16% indicates the stock is a selling.
How much short interest is there in U.S. Energy Corp?
A steep rise in short interest was recorded in U.S. Energy Corp stocks on 2024-12-13, dropping by 39233.0 shares to a total of 54662.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 93895.0 shares. There was a decline of -71.77%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 20, 2011 when Global Hunter Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $8.50 price target.
