U.S. Energy (NASDAQ:USEG) Stock Price Passes Above 200-Day Moving Average of $4.06

U.S. Energy Corp. (NASDAQ:USEGGet Rating)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.06 and traded as high as $4.08. U.S. Energy shares last traded at $3.83, with a volume of 130,101 shares.

Separately, StockNews.com downgraded U.S. Energy from a “hold” rating to a “sell” rating in a research note on Friday, May 6th.

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.52 and a current ratio of 0.52. The stock has a 50 day moving average price of $4.60 and a two-hundred day moving average price of $4.06. The company has a market capitalization of $95.44 million, a PE ratio of -7.98 and a beta of 0.94.

U.S. Energy (NASDAQ:USEGGet Rating) last released its earnings results on Thursday, May 12th. The energy company reported ($0.14) earnings per share (EPS) for the quarter. U.S. Energy had a negative return on equity of 16.82% and a negative net margin of 34.86%. The business had revenue of $8.87 million for the quarter.

The company also recently declared a quarterly dividend, which was paid on Monday, May 2nd. Stockholders of record on Friday, April 15th were paid a dividend of $0.0225 per share. This represents a $0.09 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend was Wednesday, April 13th. U.S. Energy’s dividend payout ratio (DPR) is -18.75%.

Large investors have recently made changes to their positions in the company. Moors & Cabot Inc. purchased a new stake in shares of U.S. Energy during the 3rd quarter worth approximately $31,000. Vanguard Group Inc. boosted its stake in shares of U.S. Energy by 45.7% during the 1st quarter. Vanguard Group Inc. now owns 212,870 shares of the energy company’s stock worth $926,000 after acquiring an additional 66,764 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of U.S. Energy by 180.4% during the 3rd quarter. Geode Capital Management LLC now owns 95,307 shares of the energy company’s stock worth $436,000 after acquiring an additional 61,317 shares in the last quarter. Morgan Stanley purchased a new stake in shares of U.S. Energy during the 3rd quarter worth approximately $364,000. Finally, Virtu Financial LLC purchased a new stake in shares of U.S. Energy during the 1st quarter worth approximately $281,000. 1.59% of the stock is currently owned by institutional investors and hedge funds.

About U.S. Energy (NASDAQ:USEG)

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the continental United States. It holds interests in various oil and gas properties in the Williston Basin in North Dakota; the Permian Basin in New Mexico; and Texas.

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