U.S. Energy (NASDAQ:USEG) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of U.S. Energy (NASDAQ:USEG) in a note issued to investors on Monday. The brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Trading Down 0.7 %

NASDAQ:USEG opened at $0.94 on Monday. The company’s 50 day moving average price is $0.98 and its 200-day moving average price is $1.07. U.S. Energy has a 52 week low of $0.81 and a 52 week high of $1.67. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.19. The stock has a market cap of $23.77 million, a price-to-earnings ratio of -0.58 and a beta of 0.47.

U.S. Energy (NASDAQ:USEG) last posted its quarterly earnings results on Wednesday, August 7th. The energy company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.01. U.S. Energy had a negative net margin of 145.83% and a negative return on equity of 74.13%. The firm had revenue of $6.05 million for the quarter.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.