Uber Technologies Inc (UBER)’s latest performance is not what we had anticipated

Uber Technologies Inc (NYSE: UBER) kicked off on Friday, down -2.95% from the previous trading day, before settling in for the closing price of $71.30. Over the past 52 weeks, UBER has traded in a range of $29.22-$82.14.

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Annual sales at Technology sector company grew by 31.46% over the past five years. While this was happening, its average annual earnings per share was recorded 43.79%. With a float of $2.00 billion, this company’s outstanding shares have now reached $2.07 billion.

Let’s look at the performance matrix of the company that is accounted for 30400 employees.

Uber Technologies Inc (UBER) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Uber Technologies Inc is 3.93%, while institutional ownership is 79.32%. The most recent insider transaction that took place on Feb 14 ’24, was worth 1,556,674. In this transaction an insider of this company sold 20,000 shares at a rate of $77.83, taking the stock ownership to the 107,290 shares. Before that another transaction happened on Feb 12 ’24, when Company’s insider sold 18,750 for $70.08, making the entire transaction worth $1,313,926. This insider now owns 185,566 shares in total.

Uber Technologies Inc (UBER) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 64.53 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 43.79% per share during the next fiscal year.

Uber Technologies Inc (NYSE: UBER) Trading Performance Indicators

Take a look at Uber Technologies Inc’s (UBER) current performance indicators. Last quarter, stock had a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.86. Likewise, its price to free cash flow for the trailing twelve months is 42.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.88, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 2.00 in one year’s time.

Technical Analysis of Uber Technologies Inc (UBER)

Uber Technologies Inc (NYSE: UBER) saw its 5-day average volume 17.92 million, a negative change from its year-to-date volume of 19.59 million. As of the previous 9 days, the stock’s Stochastic %D was 10.91%. Additionally, its Average True Range was 2.53.

During the past 100 days, Uber Technologies Inc’s (UBER) raw stochastic average was set at 51.81%, which indicates a significant increase from 7.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.94% in the past 14 days, which was lower than the 34.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.63, while its 200-day Moving Average is $57.92. Nevertheless, the first resistance level for the watch stands at $70.77 in the near term. At $72.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $73.54. If the price goes on to break the first support level at $68.00, it is likely to go to the next support level at $66.81. Assuming the price breaks the second support level, the third support level stands at $65.23.

Uber Technologies Inc (NYSE: UBER) Key Stats

The company with the Market Capitalisation of 144.04 billion has total of 2,081,391K Shares Outstanding. Its annual sales at the moment are 37,281 M in contrast with the sum of 1,887 M annual income. Company’s last quarter sales were recorded 9,936 M and last quarter income was 1,429 M.