U.S. Energy (NASDAQ:USEG) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

U.S. Energy Corp. (NASDAQ:USEG)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.22 and traded as high as $1.55. U.S. Energy shares last traded at $1.55, with a volume of 85,682 shares.

Analyst Ratings Changes

Separately, StockNews.com started coverage on U.S. Energy in a report on Wednesday, November 27th. They set a “hold” rating for the company.

U.S. Energy Trading Up 7.6 %

The business has a fifty day simple moving average of $1.57 and a two-hundred day simple moving average of $1.22. The company has a market cap of $43.35 million, a PE ratio of -1.17 and a beta of 0.59.

U.S. Energy Company Profile

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.