Ur-Energy Inc. (AMEX:URG) shares, rose in value, with the stock price down by -4.73% to the previous day’s close as strong demand from buyers drove the stock to $1.61.
Actively observing the price movement in the last trading, the stock closed the session at $1.69. Referring to stock’s 52-week performance, its high was $2.01, and the low was $0.82. On the whole, URG has fluctuated by 1.26% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that URG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of URG currently trading nearly -4.62% and -1.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.44, while the 7-day volatility ratio is showing 4.33% which for the 30-day chart, stands at 5.14%. Furthermore, Ur-Energy Inc. (URG)’s beta value is 1.10, and its average true range (ATR) is 0.08.
A comparison of Ur-Energy Inc. (URG) with its peers suggests the former has fared considerably weaker in the market. URG showed an intraday change of -4.73% in last session, and over the past year, it grew by 93.28%%.
Data on historical trading for Ur-Energy Inc. (AMEX:URG) indicates that the trading volumes over the past 3 months, they’ve averaged 3.16 million. According to company’s latest data on outstanding shares, there are 270.90 million shares outstanding.
Nearly 5.34% of Ur-Energy Inc.’s shares belong to company insiders and institutional investors own 47.07% of the company’s shares. The stock has risen by 4.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the URG stock heading into the next quarter.
