The stock last traded at $1.17 significantly higher than $0.93, the stock’s 50 day moving average and which is significantly higher than the 200 day moving average of $0.82. The 50 day moving average was up $0.24 and the 200 day average moved up $0.35. U.S. Energy Corp. shares had a trading volume of 82K on Tuesday. Volume was down 80.99% under the stocks average daily volume.
Short traders are feeling a little more bearish of late if you take a look at the motion in short interest. The stock experienced a rise in short interest of 35.72% as of October 13, 2017 from the last reporting period. Short shares increased from 300,366 to 407,661 over that period. The days to cover decreased to 2.0 and the short interest percentage is 0.07% as of October 13.
The most current P/E ratio is 24.89 and market cap is 7.18M.
U.S. Energy Corp. (U.S. Energy), incorporated in 1966, is an independent energy company focused on the acquisition and development of oil and gas producing properties in the continental United States. The Business’s business activities are focused on South Texas and the Williston Basin in North Dakota. The Company operates through Oil and Gas segment. The Business’s operating partners also produce, transport, market and account for all oil and gas production..