UGE International Ltd. (UGE.V) Buy, Sell or…

UGE International Ltd. (UGE.V)

2.00

+0.01 (0.50%)

as of Aug 15, 2024, 7:59:31 pm Market Open.

34 watching

BUY ON WEAKNESS

Biden's renewable energy incentives will be a benefit. The backlog is in excess of $100M. They now have enough cash to build out opportunities. They are building rooftop installations in New York, Vermont and other places. Still holds a position.

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BUY

Disclosure: He participated in their recent financing. Their backlog has grown a lot, including a recent US$9.9 million solar contract in Maine which amounts to 20% of their market cap. This remains very undervalued. A Brookfield, Algonquin or Boralex could buy this out.

BUY

He has participated in two financing in the past month. Their focus is in solar locations on commercial buildings in NYC or in parking lots. The company has changed from just developing and selling the locations to operating them as well. It is a small company with small market cap, but their backlog is huge. Within two years, if all the projects materialize, they have 11 million dollars worth of high recurring revenue. Has good upside potential.

BUY

UGE boasts a US$72 million backlog, a huge increase in less than three months. That backlog is 40x last quarter's annualized sales run rate. Their enterprise value is 10% of their backlog. They focus on New York state and the Philippines. UGE is transitioning their business model to resemble Xebec's to raise recurring revenues and margins. His price target is 50-70 cents and will likely rise as earnings come in and impress markets.

BUY

They have a modest market cap and a huge backlog which is solid.

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UGE International Ltd. (UGE.V) Frequently Asked Questions

What is UGE International Ltd. stock symbol?

UGE International Ltd. is a Canadian stock, trading under the symbol UGE.V (previously UGE-X on Stockchase) on the TSX Venture Exchange (UGE-CV). It is usually referred to as TSXV:UGE or UGE.V

Is UGE International Ltd. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on UGE.V (previously UGE-X on Stockchase) on Stockchase. Read the latest expert commentary for UGE International Ltd..

Is UGE International Ltd. a good investment or a top pick?

UGE International Ltd. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for UGE International Ltd..

Why is UGE International Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for UGE International Ltd..

Is UGE International Ltd. worth watching?

UGE International Ltd. is followed by 34 investors on Stockchase and is a trending stock that is worth watching.

What is UGE International Ltd. stock price?

On 2024-08-15, UGE International Ltd. (UGE.V) stock closed at a price of $2.00.

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UGE International Ltd. (UGE.V)