Uranium Royalty Corp (NASDAQ:UROY) shares, rose in value, with the stock price down by -0.39% to the previous day’s close as strong demand from buyers drove the stock to $2.57.
Actively observing the price movement in the last trading, the stock closed the session at $2.58. The value of beta (5-year monthly) was 1.71 whereas the PE ratio was 61.05 over 12-month period. Referring to stock’s 52-week performance, its high was $3.76, and the low was $1.81. On the whole, UROY has fluctuated by 0.00% over the past month.
With the market capitalization of Uranium Royalty Corp currently standing at about $308.99 million, investors are eagerly awaiting this quarter’s results, scheduled for Mar 13, 2024 – Mar 18, 2024.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that UROY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of UROY currently trading nearly 3.13% and -7.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.09, while the 7-day volatility ratio is showing 6.05% which for the 30-day chart, stands at 5.26%. Furthermore, Uranium Royalty Corp (UROY)’s beta value is 1.52, and its average true range (ATR) is 0.14.
A comparison of Uranium Royalty Corp (UROY) with its peers suggests the former has fared considerably weaker in the market. UROY showed an intraday change of -0.39% in last session, and over the past year, it grew by 29.15%%.
Data on historical trading for Uranium Royalty Corp (NASDAQ:UROY) indicates that the trading volumes over the past 10 days have averaged 1.41 million and over the past 3 months, they’ve averaged 1.96 million. According to company’s latest data on outstanding shares, there are 99.80 million shares outstanding.
Nearly 18.60% of Uranium Royalty Corp’s shares belong to company insiders and institutional investors own 10.25% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.98 million shares as on Mar 15, 2024, resulting in a short ratio of 1.03. According to the data, the short interest in Uranium Royalty Corp (UROY) stood at 1.64% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 1.34 million. The stock has fallen by -4.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UROY stock heading into the next quarter.
