U.S. Energy (NASDAQ:USEG) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com started coverage on shares of U.S. Energy (NASDAQ:USEG) in a report issued on Tuesday. The brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Price Performance

Shares of NASDAQ:USEG opened at $0.97 on Tuesday. U.S. Energy has a fifty-two week low of $0.81 and a fifty-two week high of $1.67. The firm has a market cap of $27.16 million, a price-to-earnings ratio of -0.60 and a beta of 0.47. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.50 and a current ratio of 0.50. The business has a 50-day simple moving average of $0.96 and a two-hundred day simple moving average of $1.06.

U.S. Energy (NASDAQ:USEG) last released its earnings results on Wednesday, August 7th. The energy company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.01. The company had revenue of $6.05 million during the quarter. U.S. Energy had a negative net margin of 145.83% and a negative return on equity of 74.13%.

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.