Uranium Royalty Corp (NASDAQ:UROY) price closed lower on Friday, March 22, dropping -1.62% below its previous close.
A look at the daily price movement shows that the last close reads $2.47. The company’s 5Y monthly beta was ticking 1.71 while its P/E ratio in the trailing 12-month period read 57.72. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.76 and 52-week low of $1.81. The stock subtracted -6.54% on its value in the past month.
Uranium Royalty Corp, which has a market valuation of $273.96 million, is expected to release its quarterly earnings report Mar 15, 2024 – Mar 18, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give UROY a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that UROY’s price is at present -4.22% off the SMA20 and -16.66% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 40.20, with weekly volatility standing at 4.48%. The indicator jumps to 5.38% when calculated based on the past 30 days. Uranium Royalty Corp (NASDAQ:UROY)’s beta value is holding at 1.54, while the average true range (ATR) indicator is currently reading 0.14.
An analysis of the Uranium Royalty Corp (NASDAQ:UROY) stock in terms of its daily trading volume indicates that the 3-month average is 1.90 million. However, this figure increases on the past 10-day timeline to an average of 1.57 million.
Current records show that the company has 99.80M in outstanding shares. The insiders’ percentage holdings are 18.60% of outstanding shares while the percentage share held by institutions stands at 10.85%. The stats also highlight that short interest as of Feb 29, 2024, stood at 1.34 million shares, which puts the short ratio at the time at 0.87. From this we can glean that short interest is 1.45% of company’s current outstanding shares. But the -10.00% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
