In a filing, Uranium Energy Corp revealed its EXECUTIVE VICE PRESIDENT MELBYE SCOTT acquired Company’s shares for reported $39712.0 on Sep 06 ’24. In the deal valued at $4.18 per share,9,500 shares were bought. As a result of this transaction, MELBYE SCOTT now holds 988,031 shares worth roughly $5.61 million.
Then, Adnani Amir bought 60,000 shares, generating $246,270 in total proceeds. Upon buying the shares at $4.10, the President and CEO now owns 4,242,326 shares.
Before that, KONG DAVID sold 26,000 shares. Uranium Energy Corp shares valued at $177,073 were divested by the Director at a price of $6.81 per share. As a result of the transaction, KONG DAVID now holds 154,085 shares, worth roughly $0.88 million.
National Bank Financial initiated its Uranium Energy Corp [UEC] rating to an Outperform in a research note published on February 12, 2025; the price target was $10. A number of analysts have revised their coverage, including TD Securities’s analysts, who began to cover the stock in mid September with a ‘”a Speculative buy”‘ rating. Canaccord Genuity also remained covering UEC and has increased its forecast on June 13, 2022 with a “Speculative buy” recommendation from previously “Hold” rating. Canaccord Genuity revised its rating on April 22, 2022. It rated UEC as “a Hold” which previously was an “a Speculative buy”.
Price Performance Review of UEC
On Friday, Uranium Energy Corp [AMEX:UEC] saw its stock fall -5.02% to $5.68. Over the last five days, the stock has lost -18.62%. Uranium Energy Corp shares have fallen nearly -15.10% since the year began. Nevertheless, the stocks have fallen -15.35% over the past one year. While a 52-week high of $8.93 was reached on 01/24/25, a 52-week low of $4.06 was recorded on 02/21/25. SMA at 50 days reached $7.18, while 200 days put it at $6.64.
Levels Of Support And Resistance For UEC Stock
The 24-hour chart illustrates a support level at 5.52, which if violated will result in even more drops to 5.36. On the upside, there is a resistance level at 5.93. A further resistance level may holdings at 6.19. The Relative Strength Index (RSI) on the 14-day chart is 28.93, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.90%. Stochastics %K at 7.56% indicates the stock is a buying.
The most recent change occurred on October 14, 2020 when Canaccord Genuity began covering the stock and recommended ‘”a Speculative buy”‘ rating along with a $1.50 price target.
