Good to see UCLE getting coverage at third party sites. Thanks for the article link. Here is the section on UCLE:
US Nuclear Corp (OTCMKTS:UCLE) has been breaking out to the upside in recent action, with shares acting particularly well over recent days, up something like 74% in that time. The company develops, manufactures, and sells radiation detection and measuring equipment, and may be headed for a status as the leading idea in the nuclear space as far as companies committed to the climate change agenda.
The most recent news from the company is another strong quarter, with sales for Q2 coming in at $1,530,523, an increase of $968,995 or 172% as compared to the same period in 2018. Gross profit was $785,933 compared to $287,799 for the same period in 2018, an increase of 173%. Cash increased from $969,118 to $1,393,915 for the six months ended June 30, 2019.
With a float of just 5.4 million shares, the moment it does, this has the potential to go right into outer space if the attention amplifies. The company is also sporting over 170% revenue growth in a red-hot market investment theme. The company offers radiation water monitors that allow the detection of radioactive materials in drinking water, ground water, rainfall, rivers, and lakes; alpha, beta, gamma, and tritium monitors; DroneRAD aerial radiation detection; air and water monitors; and nano-second X-ray monitors.
It also provides vehicle, personnel, exit, and room monitors; radon air monitors and radon switch products; handheld survey meters, as well as personal dosimeters and pocket micro-R meters; and port security equipment. In addition, the company offers software, which measures gamma and neutron radiation levels; airborne radioactivity levels; temperature and humidity in the facility; status of security doors; wind speed and direction; and barometric pressure.
Its products and services are used in nuclear reactor plants, universities, local and state hospitals, government agencies, and emergency medical technicians/first responders, as well as in airports, cargo, screening as ports and borders, and other critical infrastructure. US Nuclear Corp. is headquartered in Canoga Park, California.
Shares of UCLE are in an interesting technical situation. The stock has been sliding in the context of a stronger pattern on a larger timeframe. The question at present is whether or not the stock can move above the major moving averages and the critical $1/share level.
The stock is also running on a very tight float of just 5.4 million shares, as noted above.
