Somewhat Favorable Media Coverage Likely to Impact Uranium Energy Corp. (UEC) Share Price

News articles about Uranium Energy Corp. (NYSEMKT:UEC) have been trending somewhat positive this week, AlphaOne Sentiment reports. The research firm, a service of Accern, rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Uranium Energy Corp. earned a daily sentiment score of 0.15 on AlphaOne’s scale. AlphaOne also gave news headlines about the basic materials company an impact score of 75 out of 100, indicating that recent news coverage is likely to have an effect on the company’s share price in the near term.

Separately, Zacks Investment Research upgraded shares of Uranium Energy Corp. from a “hold” rating to a “buy” rating and set a $1.75 price objective on the stock in a research note on Wednesday, April 12th.

Uranium Energy Corp. (NYSEMKT:UEC) traded up 0.357% on Thursday, reaching $1.405. 323,162 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $1.40 and its 200 day moving average price is $1.24. Uranium Energy Corp. has a 1-year low of $0.69 and a 1-year high of $1.92. The firm’s market capitalization is $193.49 million.

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About Uranium Energy Corp.

Uranium Energy Corp. is engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates, on projects located in the United States and Paraguay. The Company utilizes in-situ recovery (ISR) mining. The Company has uranium mine located in the state of Texas, the Palangana Mine, which utilizes ISR mining and extracts uranium oxide (U3O8).

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