U.S. Energy (NASDAQ:USEG) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com began coverage on shares of U.S. Energy (NASDAQ:USEG) in a report released on Monday. The brokerage set a “sell” rating on the energy company’s stock.

U.S. Energy Trading Down 3.4 %

Shares of USEG stock opened at $1.42 on Monday. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $39.84 million, a price-to-earnings ratio of -0.89 and a beta of 0.47. U.S. Energy has a 12-month low of $0.81 and a 12-month high of $1.67. The stock’s 50-day moving average price is $1.24 and its 200-day moving average price is $1.11.

About U.S. Energy

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.