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

Investment analysts at StockNews.com assumed coverage on shares of U.S. Energy (NASDAQ:USEG) in a 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 set a $3.50 price target on shares of U.S. Energy in a research report on Friday.

U.S. Energy Price Performance

USEG opened at $2.73 on Monday. U.S. Energy has a 1 year low of $0.81 and a 1 year high of $6.40. The stock has a market cap of $84.43 million, a P/E ratio of -2.07 and a beta of 0.63. The firm has a fifty day moving average price of $1.87 and a 200 day moving average price of $1.40.

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.