Wheels Up Experience Inc (UP) kicked off at the price of $2.66: Venture capitalists have an exciting new opportunity

A new trading day began on Friday, with Wheels Up Experience Inc (NYSE: UP) stock price down -7.64% from the previous day of trading, before settling in for the closing price of $2.88. UP’s price has ranged from $0.98 to $6.08 over the past 52 weeks.

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Industrials Sector giant saw their annual sales surged by 27.82% over the last five years. Meanwhile, its annual earnings per share averaged 78.81%. With a float of $344.78 million, this company’s outstanding shares have now reached $696.86 million.

The firm has a total of 2206 workers. Let’s measure their productivity.

Wheels Up Experience Inc (UP) Breakdown of a Key Holders of the stock

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 50.56%, while institutional ownership is 48.09%. The most recent insider transaction that took place on Mar 13 ’24, was worth 72,169. In this transaction Chief Legal Officer of this company sold 28,413 shares at a rate of $2.54, taking the stock ownership to the 37,707 shares. Before that another transaction happened on Mar 13 ’24, when Company’s EVP, Charter & CEO Air Partner sold 5,589 for $2.52, making the entire transaction worth $14,084. This insider now owns 58,471 shares in total.

Wheels Up Experience Inc (UP) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 144.91 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 78.81% 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 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.33 and is forecasted to reach -0.84 in one year’s time.

Technical Analysis of Wheels Up Experience Inc (UP)

Analysing the last 5-days average volume posted by the [Wheels Up Experience Inc, UP], we can find that recorded value of 0.47 million was lower than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 51.15%. Additionally, its Average True Range was 0.26.

During the past 100 days, Wheels Up Experience Inc’s (UP) raw stochastic average was set at 26.92%, which indicates a significant increase from 20.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.45% in the past 14 days, which was lower than the 153.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.96, while its 200-day Moving Average is $2.40. Now, the first resistance to watch is $2.80. This is followed by the second major resistance level at $2.93. The third major resistance level sits at $3.01. If the price goes on to break the first support level at $2.59, it is likely to go to the next support level at $2.51. Now, if the price goes above the second support level, the third support stands at $2.38.

Wheels Up Experience Inc (NYSE: UP) Key Stats

With a market capitalization of 1.85 billion, the company has a total of 697,321K Shares Outstanding. Currently, annual sales are 1,253 M while annual income is -487,390 K. The company’s previous quarter sales were 246,380 K while its latest quarter income was -81,110 K.