A new trading day began on November 20, 2023, with Wheels Up Experience Inc (NYSE: UP) stock priced at $1.65, up 10.30% from the previous day of trading. During the day, the shares moved up to $1.87 and dropped to $1.62 before settling in for the closing price of $1.65. UP’s price has ranged from $0.98 to $15.70 over the past 52 weeks.
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 52.06%. Meanwhile, its annual earnings per share averaged 93.67%. With a float of $78.17 million, this company’s outstanding shares have now reached $166.81 million.
The extent of productivity of a business whose workforce counts for 3111 workers is very important to gauge. In terms of profitability, gross margin is -1.68, operating margin of -22.33, and the pretax margin is -35.16.
Wheels Up Experience Inc (UP) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airports & Air Services Industry. The insider ownership of Wheels Up Experience Inc is 53.14%, while institutional ownership is 38.10%. The most recent insider transaction that took place on Sep 13, was worth 36,051. In this transaction Chief Commercial Officer of this company sold 9,904 shares at a rate of $3.64, taking the stock ownership to the 69,017 shares. Before that another transaction happened on Jan 03, when Company’s Chief Financial Officer sold 273,504 for $1.04, making the entire transaction worth $283,897. This insider now owns 1,777,778 shares in total.
Wheels Up Experience Inc (UP) Latest Financial update
In its latest quarterly report, released on 9/29/2023, the company reported earnings of -$3.09 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -35.14 while generating a return on equity of -113.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 93.67% per share during the next fiscal year.
Wheels Up Experience Inc (NYSE: UP) Trading Performance Indicators
Here are Wheels Up Experience Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -19.83, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.59 in one year’s time.
Technical Analysis of Wheels Up Experience Inc (UP)
The latest stats from [Wheels Up Experience Inc, UP] show that its last 5-days average volume of 0.4 million was inferior to 0.67 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 82.87%. Additionally, its Average True Range was 0.20.
During the past 100 days, Wheels Up Experience Inc’s (UP) raw stochastic average was set at 24.53%, which indicates a significant decrease from 93.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 107.78% in the past 14 days, which was lower than the 176.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8778, while its 200-day Moving Average is $3.9533. Now, the first resistance to watch is $1.9200. This is followed by the second major resistance level at $2.0200. The third major resistance level sits at $2.1700. If the price goes on to break the first support level at $1.6700, it is likely to go to the next support level at $1.5200. The third support level lies at $1.4200 if the price breaches the second support level.
Wheels Up Experience Inc (NYSE: UP) Key Stats
With a market capitalization of 303.59 million, the company has a total of 25,376K Shares Outstanding. Currently, annual sales are 1,580 M while annual income is -555,160 K. The company’s previous quarter sales were 320,060 K while its latest quarter income was -144,810 K.