U.S. Energy (NASDAQ:USEG) Rating Increased to Hold at StockNews.com

U.S. Energy (NASDAQ:USEG) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

Separately, D. Boral Capital reiterated a “buy” rating and issued a $3.50 price target on shares of U.S. Energy in a research report on Thursday, March 13th.

U.S. Energy Price Performance

Shares of NASDAQ USEG remained flat at $1.20 during midday trading on Tuesday. The stock had a trading volume of 208,330 shares, compared to its average volume of 1,056,971. The stock has a 50 day moving average of $1.82 and a 200 day moving average of $1.65. U.S. Energy has a 52-week low of $0.81 and a 52-week high of $6.40. The company has a market capitalization of $40.59 million, a PE ratio of -0.91 and a beta of 0.69.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Scissortail Wealth Management LLC bought a new stake in shares of U.S. Energy in the 4th quarter worth about $73,000. Renaissance Technologies LLC raised its position in U.S. Energy by 24.6% in the 4th quarter. Renaissance Technologies LLC now owns 62,900 shares of the energy company’s stock worth $103,000 after purchasing an additional 12,400 shares during the period. Finally, Geode Capital Management LLC lifted its stake in U.S. Energy by 27.1% in the fourth quarter. Geode Capital Management LLC now owns 111,528 shares of the energy company’s stock worth $182,000 after purchasing an additional 23,756 shares during the last quarter. 3.00% of the stock is owned by hedge funds and other institutional investors.

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.