StockNews.com Begins Coverage on U.S. Energy (NASDAQ:USEG)

Stock analysts at StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a research note issued to investors on Monday. The firm set a “hold” rating on the energy company’s stock.

Separately, D. Boral Capital reiterated a “buy” rating and issued a $3.50 price target on shares of U.S. Energy in a research note on Friday, January 24th.

U.S. Energy Price Performance

USEG stock opened at $2.30 on Monday. U.S. Energy has a one year low of $0.81 and a one year high of $6.40. The stock has a market cap of $64.33 million, a price-to-earnings ratio of -1.74 and a beta of 0.63. The company has a fifty day moving average price of $1.89 and a two-hundred day moving average price of $1.42.

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.