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

StockNews.com started coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note issued to investors on Saturday morning. The brokerage issued a sell rating on the energy company’s stock.

U.S. Energy Stock Performance

Shares of USEG stock opened at $1.41 on Friday. 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 firm has a market capitalization of $39.55 million, a price-to-earnings ratio of -0.89 and a beta of 0.49. U.S. Energy has a one year low of $0.81 and a one year high of $1.67. The company has a 50 day moving average price of $1.14 and a 200 day moving average price of $1.10.

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