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Johnson Rice initates U.S. Energy Corp (USEG) rating to a Accumulate

U.S. Energy Corp’s recent filing unveils that its CEO Smith Ryan Lewis acquired Company’s shares for reported $835.0 on Feb 26 ’25. In the deal valued at $1.67 per share,500 shares were bought. As a result of this transaction, Smith Ryan Lewis now holds 1,241,246 shares worth roughly $1.87 million.

Then, Smith Ryan Lewis bought 500 shares, generating $815 in total proceeds. Upon buying the shares at $1.63, the CEO now owns 1,241,746 shares.

Before that, Smith Ryan Lewis bought 500 shares. U.S. Energy Corp shares valued at $920 were divested by the CEO at a price of $1.84 per share. As a result of the transaction, Smith Ryan Lewis now holds 1,240,246 shares, worth roughly $1.87 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 fall -7.93% to $1.51. Over the last five days, the stock has lost -17.03%. U.S. Energy Corp shares have fallen nearly -7.36% since the year began. Nevertheless, the stocks have risen 46.60% over the past one year. While a 52-week high of $6.40 was reached on 01/21/25, a 52-week low of $0.81 was recorded on 03/03/25. SMA at 50 days reached $2.0268, while 200 days put it at $1.4099.

Levels Of Support And Resistance For USEG Stock

The 24-hour chart illustrates a support level at 1.4333, which if violated will result in even more drops to 1.3567. On the upside, there is a resistance level at 1.6233. A further resistance level may holdings at 1.7367. The Relative Strength Index (RSI) on the 14-day chart is 34.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2881, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.52%. Stochastics %K at 7.28% indicates the stock is a buying.

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.

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