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Stifel initates Uranium Energy Corp (UEC) rating to a Buy

Uranium Energy Corp’s recently made public that 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 $4.55 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.

Stifel initiated its Uranium Energy Corp [UEC] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including National Bank Financial’s analysts, who began to cover the stock in mid February with a ‘”an Outperform”‘ rating. TD Securities began covering UEC with “Speculative buy” recommendation on September 13, 2023. Canaccord Genuity revised its rating on June 13, 2022. It rated UEC as “a Speculative buy” which previously was an “a Hold”.

Price Performance Review of UEC

On Tuesday, Uranium Energy Corp [AMEX:UEC] saw its stock fall -2.95% to $4.61. Over the last five days, the stock has gained 15.25%. Uranium Energy Corp shares have fallen nearly -31.09% since the year began. Nevertheless, the stocks have fallen -36.50% over the past one year. While a 52-week high of $8.93 was reached on 01/24/25, a 52-week low of $3.85 was recorded on 04/07/25. SMA at 50 days reached $5.44, while 200 days put it at $6.34.

Levels Of Support And Resistance For UEC Stock

The 24-hour chart illustrates a support level at 4.49, which if violated will result in even more drops to 4.37. On the upside, there is a resistance level at 4.80. A further resistance level may holdings at 4.99. The Relative Strength Index (RSI) on the 14-day chart is 42.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.93%. Stochastics %K at 53.15% indicates the stock is a holding.

How much short interest is there in Uranium Energy Corp?

A steep rise in short interest was recorded in Uranium Energy Corp stocks on 2025-03-31, growing by 2.74 million shares to a total of 52.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 49.32 million shares. There was a rise of 5.26%, which implies that there is a positive sentiment for the stock.

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